Small-Cap Surge: 27 Stocks Gain Up to 62% Amidst Broader Market Underperformance

• Broader indices, including mid and small-caps, underperformed for the second consecutive week, declining up to 0.4%.
• BSE Sensex saw a marginal fall, while Nifty50 registered a slight gain of 0.04% during the week.
• Nifty PSU Bank, Metal, and IT sectors showed gains, while Consumer Durables, Realty, Pharma, Healthcare, Auto, and Media sectors declined.
• FIIs offloaded equities worth Rs 14,265.58 crore, while DIIs provided support by purchasing Rs 16,173.69 crore.
• Despite overall market volatility, 27 small-cap stocks, including Wardwizard Innovations and Mobility and JTL Industries, surged between 15-62%.

Why It Matters: Despite broader market underperformance and FII selling, select small-cap stocks delivered significant gains.