Nifty smallcap 250 jumps 18 percent in Q1 FY26

Mumbai

The Indian stock market has shown strong growth across all segments in the first quarter of FY26, with small and mid-cap stocks taking the lead, a report by Motilal Oswal Asset Management Company revealed on Thursday.

The Nifty Smallcap 250 index surged 17.83 per cent in Q1 FY26, and it rose 5.73 per cent in June alone. Meanwhile, the Nifty Midcap 150 index climbed 15 per cent in the same quarter, with a 4.09 per cent gain in June.

Large-cap stocks also performed well. The main Nifty index rose 3.1 per cent, and the Nifty Next 50 index gained 3.35 per cent last month. The broader Nifty 500 posted a 3.58 per cent rise in June, boosted by financial services, consumer discretionary, and commodity sectors.

Microcap stocks joined the rally too. The Nifty Microcap 250 rose 3.03 per cent in June, showing that all market segments — large, mid, small, and micro — ended in positive territory.

Among sectors, all posted gains except FMCG. The IT sector, which struggled earlier this year, saw a 4.36 per cent rise in June. All factor-based indices delivered positive returns, with the Momentum index emerging as the top performer.

Globally, the S&P 500 index rose 4.96 per cent, driven by strong IT sector growth. Korea led gains among emerging markets, while Germany topped among developed countries.

In commodities, crude oil prices surged 7.11 per cent in June due to tensions between Iran and Israel. Silver prices jumped 8.75 per cent, beating gold, which stayed mostly flat.

So far in 2025, precious metals have given over 20 per cent returns, highlighting strong global investor interest.