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Microcap stocks surge in April 2026 beating Nifty as fundamentals lag behind and risks persist
Economy
Published on 2 May 2026
Price momentum runs wild while earnings stay steady
Indian markets rallied in April 2026, but the standout move came from microcaps, which outperformed Nifty along with small and midcaps. The twist: macro worries persisted, foreign flows stayed weak, and the rupee faced pressure. Yet fundamentals didn’t improve materially, pointing to trading momentum and sentiment driving gains more than earnings upgrades.
- Microcaps led April gains, beating Nifty and larger segments
- Foreign outflows and currency weakness continued to pressure markets
- Fundamentals stayed stable, suggesting momentum over earnings
- April rally appears driven by price action and investor sentiment
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times