What war? Smallcap stocks defy Middle East tensions with up to 56% gains in 2 months as Nifty slides
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
What war? Smallcap stocks defy Middle East tensions with up to 56% gains in 2 months as Nifty slides
Despite Middle East tensions and a sliding Nifty50, India's smallcap stocks have surged up to 56% in two months. While institutional desks warn of elevated valuations and earnings risks, domestic retail investors appear to be betting on a swift resolution to geopolitical concerns, driving this market divergence.