Year Ender: 2024 has been full of ups and downs for the Indian stock market so far. The market saw a good uptrend in the beginning, but in the recent months it has traded in a limited range, but even during this period, smallcap stocks dominated the stock market. Smallcap and midcap stocks have given about 3 times the return as compared to largecap.
BSE Sensex gave positive returns in 2024
The BSE main index Sensex has given a return of 7.98 percent to investors from the beginning of 2024 till December 20. During this period, the Sensex has increased by 5769 points to reach 78,041.
How did BSE Midcap give return
The BSE Midcap Index has given investors a return of 24.81 percent from the beginning of this year till December 20, which is almost three times the return given by the largecap i.e. Sensex during this period. During the review period, the BSE Midcap Index has increased by 9189 points to reach 46,226.
Small caps became the 'big men' of the market
Smallcaps have performed better than largecaps and midcaps in 2024. The BSE Smallcap Index has given a return of 28.29 per cent from the beginning of this year till December 20, which is more than 3 times the return of 7.98 per cent given by the Sensex during this period. During this period, the BSE Smallcap Index has increased by 12,162 points to reach 55,149.
These stocks gave the highest returns among smallcap companies in 2024
464 percent return has been given by V2 Retail,
399 percent return has been given by Indo Tech Transformer,
323 percent return has been given by Shelly Engineering Plastic,
313 percent return has been given by Refex Industries,
208 percent return has been given by Jyoti CNC Automation.
Market experts say that due to the strong economy, the market outlook for 2025 is quite positive. Due to the reduction in interest rates by the central bank next year, investors may focus on consumption-related sectors.
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