Nifty’s early comeback signal: Why largecaps are holding up as broader market slides
India’s broader equity market remains under pressure, but the Nifty’s relative resilience may be offering the first indication that largecaps are beginning to regain market leadership. The Nifty has recovered to a broadly flat return in October after falling 6% in September. The Nifty Midcap 150, however, has declined 4% this month following a 7% fall in September, while the Nifty Smallcap 250 is down 4.5% in October after losing 3% last month.The divergence suggests that the broader-market sel…



