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Year Ender: 2024 has been full of ups and downs for the Indian stock market so far. There was a good rise in the market in the beginning, but in the recent few months it has been trading in a limited range, but during this time also small cap stocks dominated the stock market. Smallcap and midcap stocks have given almost 3 times the returns compared to largecap stocks.
BSE Sensex gives positive returns in 2024
BSE’s main index Sensex has given a return of 7.98 percent to investors from the beginning of 2024 till December 20. During this period, Sensex has increased by 5769 points to reach 78,041.
How did BSE Midcap give returns?
BSE Midcap Index has given a return of 24.81 percent to investors from the beginning of this year till December 20, which is almost three times the return given by Large Cap i.e. Sensex during this period. During the review period, BSE Midcap Index has increased by 9189 points to reach 46,226.
Smallcap became the ‘big man’ of the market
Smallcaps have performed better than largecaps and midcaps in 2024. BSE Smallcap Index has given a return of 28.29 percent from the beginning of this year till December 20, which is more than 3 times compared to the 7.98 percent return given by Sensex during this period. During this period, BSE Smallcap Index has increased by 12,162 points to reach 55,149.
These stocks got the highest returns among small cap companies in 2024
464 percent return in V2 retail
399 percent return in Indo Tech Transformer
323 percent return in Shelly Engineering Plastics
313 percent return in Refex Industries
Jyoti CNC Automation 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 central bank cutting interest rates next year, investors may focus on consumption-related sectors.
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