Mid and Small-Cap Stocks Rally for Third Straight Day

The Indian share market saw another day of a rally in mid and small-cap stocks on Thursday, March 6, 2025, for the third day in a row. The Nifty MidCap150 index rose 1.3% to 18,477, while the Nifty SmallCap250 index went up 1.8% to 14,543. The MidCap index has risen 6.3% since Monday's low, and the SmallCap index has risen 8.3%. Peak performers were Hitachi Energy, NLC India, and HPCL. Experts ascribe this rally to favorable valuations after the recent corrections. Market experts are, however, wary of the sustainability of this trend, referencing global economic volatility and geopolitical tensions as possible headwinds.
Source: Business Standard