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Nifty Microcap 250 stocks shine amid October volatility

Business Standard

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October 22, 2024

October has so far been volatile for the Indian stock market amid the ongoing geopolitical crises in West Asia and the European region.

- REX CANO

Nifty Microcap 250 stocks shine amid October volatility

That apart, selective profit taking following a steady rally in the year has also impacted stock prices up to a certain extent.

Despite the market volatility, Microcap stocks as a segment has outperformed the rest of the equity market so far in October.

An analysis of data from Ace Equity shows that one in every 10 Nifty Microcap 250 stocks has soared more than 10 per cent in October.

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