75 smallcap stocks offer double-digit returns in a wobbly market week

Indian equity markets started positively, but weak sentiments persist after the central bank’s decision to maintain the key rates unchanged, as a caution towards inflation, while positive macro news buoyed the market. 75 smallcap stocks delivered double-digit gains with the top gainers being Greenlam Industries, EKI Energy Services, Suzlon Energy, and Indian Hume Pipe Company. Midcap segments, only Torrent Power, Hindustan Aeronautics, and Ajanta Pharma traded in the double digits. L&T was the top performer in the Sensex market. The release of May’s domestic inflation data and the outcomes of the FOMC meeting is expected to play a role in shaping the market trend.

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