Select smallcap stocks surge up to 66% in three months amid market weakness

Despite the Nifty 50 index declining nearly 4% over the past three months, several stocks from the Nifty Smallcap 250 index have delivered substantial gains, signalling pockets of strength in the broader market.

Cupid emerged as the top performer with a 66% surge during the period. Sterlite Technologies and Welspun Corp also posted significant rallies, demonstrating selective investor interest in smaller-cap securities even as the broader benchmark faced headwinds.

The contrast between the weak large-cap performance and strong smallcap rallies underscores the market's divergent momentum across segments and the continued appetite for high-growth stories in mid and smaller-cap spaces despite overall market volatility.