15 Small-Cap Stocks Achieve Five-Day Gains of Up to 40%
Concurrent Gainers: 15 small-cap stocks that gained for five straight days, rallying up to 40%
The Economic Times
Image: The Economic Times
In the five trading sessions ending April 17, 2023, the BSE Sensex rose by 2.43%, while 15 small-cap stocks recorded gains each day, with returns ranging from 20% to 40%. This trend highlights a robust performance in the small-cap sector amidst overall market growth.
- 01BSE Sensex increased by 2.43% over five trading sessions.
- 02A total of 166 stocks in the small-cap index gained continuously.
- 03Fifteen small-cap stocks achieved returns of 20% to 40%.
- 04The small-cap rally reflects investor confidence.
- 05The data covers the period from April 10 to April 17, 2023.
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During the trading period ending April 17, 2023, the BSE Sensex rose by 2.43%, adding 1,862 points to reach 78,493. This increase was driven by positive performances in three of the five sessions. Notably, 166 stocks within the BSE small-cap index recorded gains in all five sessions, with 15 stocks achieving impressive cumulative returns ranging from 20% to 40%. This trend indicates a strong performance in the small-cap sector, reflecting growing investor confidence and market optimism.
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The strong performance of small-cap stocks may encourage more investors to consider these stocks, potentially increasing market liquidity and investment opportunities.
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