Indian Midcap and Smallcap Stocks Lead Weekly Rebound as Nifty 50 Gains 2%
According to TradingView, the Sensex rose 1.82% and the Nifty 50 gained 2% in the week, as foreign investors ended nine weeks of selling.
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what happened
According to TradingView, Indian midcap and smallcap indices outperformed the Nifty 50 in the week ended October 30. Buyers came back into mid- and small-cap shares after a steep sell-off the week before.
The Sensex climbed 1,335.7 points, or 1.82%, to 74,459.53. The Nifty 50 added 453.1 points, or 2%, and finished at 23,053.10. The Nifty Smallcap 100 rose 4%, while the Nifty Midcap 100 advanced 2.7%.
Foreign institutional investors broke a nine-week run of selling and bought Rs 6,304.67 crore of equities. Domestic institutions also stayed net buyers, with inflows of Rs 3,109.79 crore. Market capitalisation of BSE-listed companies rose by more than Rs 22 lakh crore. Pharma and healthcare indices led sector gains with 7% each, while the Nifty Oil & Gas index was the only decliner, down 0.7%.
why it matters
Analysts linked the rebound to short covering, lighter FII selling and a drop in US 10-year Treasury yields, which eased concerns about borrowing costs. Technical analysts pointed to 23,200 as near-term resistance on the Nifty and 22,800 as key support.
instruments
sources
- Broader markets outperform; Ather Energy, Piramal Pharma, Laurus Labs surge over 20% each — TradingView, 1 November 2026 at 05:58 UTC
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