Business Standard

Sensex, Nifty set to gain for seventh straight year; smallcaps underperform

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance

Photo: Bloomberg
Web Exclusive Premium

Photo: Bloomberg

Deepak KorgaonkarPuneet Wadhwa Mumbai / New Delhi
Small-cap stocks remained under pressure in calendar year 2022 (CY22) with their gauge on the NSE – the Nifty Smallcap 250 index – slipping 5 per cent during the year. On the other hand, the S&P BSE Smallcap index, too, underperformed with a fall of 4 per cent during this period, data show.
This at a time when the frontline indexes – the S&P BSE Sensex and the Nifty50 – outperformed their global peers with a gain of around 3 per cent each during the year and hit a fresh

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 29 2022 | 10:46 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com