Markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and anticipation surrounding domestic policy developments. The benchmark indices, the Sensex and the Nifty, witnessed notable volatility through the week, eventually closing lower as investors reacted to uncertainties over U.S. tariff developments. By the end of the week, the Nifty settled at 24,750.70, while the Sensex closed at 81,451.01.
Despite the broader market consolidation, several smallcap stocks continued to rally sharply over the past month. Gains were seen across sectors such as capital goods, agri, chemicals, IT, and telecom. The top performers delivered monthly returns ranging between 35% and 57%, offering pockets of strength even in a rangebound market.
