Small-caps have outrun the mid-and-large caps in the last one month that the country has been under lockdown, triggered by the COVID-19 pandemic. The outperformance of the small-cap segment versus these two market segments also holds good from the lows the markets hit on March 24.
The S&P BSE Small-cap index has recovered 26 percent as compared to a 23 percent rise in the S&P BSE Sensex and broader market index S&P BSE Midcap index from their respective 52-week low touched on March 24.
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