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Indian Smallcap Stocks Defied the Market Crash — Here’s What Happened

May 21, 2026 by Krish

The Indian stock market has been rough. Sensex dropped nearly 12% over the last six months, FIIs were selling, crude oil was expensive, and the rupee was weak. By every measure, it was a tough environment for investors. But while the benchmark indices were bleeding, a quiet rally was brewing in an unexpected corner —


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