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Smallcaps surge up to 7 percent as IIFL Finance Meesho spark a sharp rebound

Economy
Published on 13 May 2026
Smallcaps surge up to 7 percent as IIFL Finance Meesho spark a sharp rebound

Stocks rallied hard even as markets stayed cautious

Smallcap shares surged up to 7% on Wednesday, with names like IIFL Finance, Meesho, and GRSE outperforming benchmark indices. The move came even as investors stayed cautious elsewhere, yet the Nifty Smallcap 100 index posted strong gains. Market experts pointed to improving expectations for mid and smallcap earnings, treating recent pullbacks as entry opportunities.

  • Smallcap stocks jumped as much as 7% on Wednesday
  • IIFL Finance and Meesho led the outperformance
  • Nifty Smallcap 100 gained despite broader market caution
  • Investors see upside in upcoming mid and smallcap earnings
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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