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India’s volatile equity market still delivered strong smallcap rebounds. About 14 stocks that fell over 35% in FY25 surged 50%–500% in FY26, turning last year’s biggest losers into standout winners with sharp rallies across sectors, highlighting renewed investor interest in beaten-down smallcap companies.
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India’s metals sector has performed well. However, experts suggest that significant further gains may be difficult now. Valuations have risen, making entry tricky. Investors can hold existing positions, but substantial new upside is unlikely. Dips are still buyable, but the sector offers less safety. Coal India shows promise due to global factors.
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Force Motors shares dropped up to 4% after the company disclosed that SEBI has sought additional information related to its Q2 FY25 financial results announcement. The regulator has asked for details including chronology of events, insiders and structured digital database extracts. The company said there is no financial impact and will respond within timelines.
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European shares edged lower on Thursday as an expanding Middle East conflict weighed on market sentiment, while a string ‌of patchy ⁠corporate ⁠earnings added to the gloom.
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Indian metal stocks rallied sharply as aluminium prices surged on supply concerns after Bahrain’s Alba halted shipments following the Strait of Hormuz closure. Additional support came from China’s plan to curb industrial capacity and a weaker dollar, lifting the Nifty Metal index and boosting investor sentiment across major metal companies.
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