New Delhi, May 28 -- Despite multiple headwinds, minnows are shining on Dalal Street. This is visible in the action seen in the Nifty Midcap 100 and Nifty Smallcap 100 indices.

Both broader market indices are up by over 3% so far in 2026, beating the barometer Nifty 50 index that has lost 8% and remains on track to end in the red for the first time after a decade of positive annual gains.

The Nifty Midcap 100 index rose to a new peak of 62,704.10 on Wednesday and is set to end higher for a second month straight despite the Middle East crisis. At the same time, the Nifty Smallcap 100 index has surged 20% from March to enter bull territory, signalling strong investor interest in the segment. An index or a stock enters bull territory when ...