Despite a volatile week for Indian equity markets, benchmark indices finished positively with smallcap stocks delivering double-digit gains. Jai Balaji Industries reaped the most significant returns with a 34% spike in its shares, with a further two stocks from the same segment posting gains of 27%. The S&P Auto index achieved the highest percentage gain during the week with 4.33%, followed by the Nifty Bank and S&P BSE Healthcare indexes, with returns of 3.81% and 3.54% respectively. Experts forecast further gains and a positive impact on the equity markets from strong economic data.
