Indian stock benchmarks Sensex and Nifty recorded their first weekly gain this week after two straight weeks of decline. On the weekly front, the BSE benchmark surged 737.98 points or 0.90%, while the Nifty jumped 252.35 points or 1%. Interest-rate-sensitive sectors surged, with the realty index soaring nearly 5% on Friday, after the Reserve Bank of India surprised markets with a 50 basis point rate cut and a reduction in the cash reserve ratio. Here are the 10 top-performing smallcap stocks of the week, with gains of up to 28%.
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Ford’s CEO said the EV market would be halved without subsidies. Now he’s writing down $19.5 billion
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