Smallcaps offering double-digit weekly returns fall to 29
Sat, May 4, 2024 10:53 AM

Smallcaps offering double-digit weekly returns fall to 29

A Flip by Avya Verma
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The number of smallcaps offering double-digit returns fell this week due to a broad-based correction in the domestic market. This was on the back of a cautious Fed, which kept the key rates unchanged, highlighting the concerns around inflation. During the week, only 29 smallcap stocks gained in double-digits with Newgen Software Tech being the top gainer from the pack, offering 27% returns.

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