D-Street small stocks reap big gains for investors in 2024
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Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity. Market experts are optimistic about midcap and smallcap stocks for the next year, driven by factors like strong domestic consumption and government infrastructure spending. Till December 23 this year, the BSE smallcap gauge has jumped 12,144.15 points or 28.45 per cent, while the midcap index surged 9,435.09 points or 25.61 per cent. In contrast, the 30-share BSE benchmark Sensex has soared 6,299.91 points or 8.72 per cent. "Smallcap and midcap indices outperformed in 2024 due to sectoral growth, policy support, and investor inte...