look news india
New Delhi: Year Ender 2024: 2024 has been full of ups and downs for the Indian stock market so far. The market saw good growth in the beginning, but in the last few months there has been trading in a limited range, but during this period small cap stocks have dominated the stock market.
Compared to largecap stocks, smallcap and midcap stocks have given almost 3 times more returns. The Bombay Stock Exchange (BSE) benchmark Sensex has given a return of 7.98 percent to investors from the beginning of 2024 to December 20. During this period, Sensex rose by 5,769 points to reach 78,041.
Midcap index gave 24.81% return
From the beginning of this year till December 20, the BSE Midcap index has given a return of 24.81 per cent to investors, which is almost three times the return given by the large cap i.e. Sensex during this period. During the review period, BSE Midcap Index rose 9,189 points to 46,226.
Smallcap index has the highest returns
Smallcaps have outperformed largecaps and midcaps in 2024. From the beginning of this year to December 20, the BSE Smallcap index has given a return of 28.29%, which is more than 3 times the 7.98% returned by the Sensex during this period. During this period, BSE Smallcap Index increased by 12,162 points to reach 55,149.
Among small cap companies, these companies have given the highest returns in 2024.
V2 Retail has given the highest return of 464 per cent, Indo Tech Transformers has given 399 per cent return, Shaili Engineering Plastics has given 323 per cent return, Refex Industries has given 313 per cent return, Jyoti CNC Automation has given Has given a return of 208 percent.
Market experts say that due to the strong economy, the market outlook for 2025 is quite positive. Due to the cut in interest rates by the Central Bank next year, investors’ focus may remain on consumption related sectors.