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Nifty rebounds in April for best month since December 2023 led by defence realty and smallcaps
Economy
Published on 2 May 2026
Midcaps and smallcaps surged while banks merely steadied
Indian equities snapped a months-long slide with a sharp rebound in April, marking the Nifty’s best month since December 2023. The broad market led gains, with midcaps and smallcaps outperforming strongly. Sectoral action was led by defence and realty, while banks and IT recovered only moderately, signaling a selective rally rather than a uniform boom.
- Nifty posted its strongest monthly performance since December 2023
- Midcaps and smallcaps led the rebound, outshining broader segments
- Defence and realty topped sectoral winners in April
- Banks and IT recovered moderately compared to lagging parts
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times