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Midcap rally hits record highs as retail buying and earnings power surge
Economy
Published on 8 May 2026
Foreign investors are cutting large caps as midcaps roar
Nifty midcap indices surged to fresh record highs on Thursday, driven by strong earnings and steady retail inflows alongside bargain buying. Since the US-Iran ceasefire announcement a month ago, midcap and smallcap stocks have outperformed large caps sharply. Analysts warn the rally may pause soon, as foreign investors continue selling large-cap shares.
- Nifty midcap indices hit new record peaks on Thursday
- Retail buying and earnings strength are driving the rally
- Mid and smallcaps are outperforming large caps post ceasefire
- FIIs selling large caps could signal a near-term slowdown
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times