The National Stock Exchange (NSE) benchmark index - the Nifty 50 has rallied up to 6 per cent thus far this calendar year 2025. In comparison, the Nifty Microcap 250 index has largely underperformed and declined 7 per cent thus far. Data from ACE Equity shows that almost 72 per cent of the Nifty Microcap index are seen trading with losses on a year-till-date basis (June 23, 2025). Jai Corp and Orchid Parma were the major losers, down over 60 per cent each. That apart, another 37 microcap stocks have dropped in the range of 25 - 50