Small-cap stocks rise in April despite weak macro outlook

Indian equities delivered robust returns across market segments in April with smaller companies leading the surge, despite worsening macro indicators due to US-Iran conflict, a report said on Saturday. The report from OmniScience Capital said Nifty Smallcap 250 index delivered impressive 13.4 per cent returns, while Nifty Microcap 250 delivered 16.2 per cent returns, the report noted.
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