In July, the S&P BSE Smallcap index surged 7.4 per cent as compared to 5.7 per cent rally in the Midcap index, and a modest 2.8 per cent gain in the Sensex.
Stocks of mid-and small-cap companies continued to gain ground in July despite analysts sounding caution on these two market segments given the sharp run thus far in calendar year 2023 (CY23).
