Mid and small-cap stocks in India are making headlines, outperforming large-cap counterparts with the BSE MidCap and BSE SmallCap indices reaching new records.
While the Nifty 50 and S&P BSE Sensex gained 9% and 8% this year, MidCap surged by 32.27%, and SmallCap soared by 37.70%. Sectors like defence, railways, and renewable energy contribute to the rally.
Individual stocks like REC, Power Finance Corporation, and PB Fintech have delivered impressive returns. However, some analysts warn of a potential correction in the small-cap space after recent substantial gains.