InvestorQ : Is it true that the small cap stocks have done extremely well in the previous week ended on 02 July?
Tisha Malhotra made post

Is it true that the small cap stocks have done extremely well in the previous week ended on 02 July?

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Aashna Tripathi answered.
5 months ago
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During the week ended 02 July, the index may not have done much, but the small cap stocks have done amazingly well. Here is a sampler. While the Sensex closed 0.8% lower during the previous week, the BSE Small Cap index gained 2.2%. Some of the star performers during the week included stocks like Route Mobile, Power Mech Projects, Happiest Minds, Uttam Sugar Mills and Sharda Motors among others.

While sugar stocks have been on a rally for some time now, stocks like Power Mech gained over 30% during the week after it got a massive order from Coal India and Neyveli Lignite. There was a clear move towards the small caps, which has been an underperformer if you take a longer 1-2 years perspective. Also, the millions of retail demat accounts that got opened in the last 1 year belongs to small investors gravitating towards small caps.

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