Only 39 smallcap stocks rise in double-digits as geopolitical concerns, lofty valuations weigh

Moschip Technologies was the top gainer in the smallcap pack with a 35% return, followed by (34%), (27%), and (25%).

Only 3 stocks, including , Waree Renewable, and have offered returns between 20-25% during the week.

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In the midcap segment, was the sole stock which rose in double-digits at 11.7%.

Among the Sensex pack, topped the charts with 5.2% returns, followed by at 3.55% and at 2.36%.

The week began with moderate gains, led by strong performances in pharma and IT sectors. However, uncertainties surrounding economic data releases and the RBI's policy announcement hindered substantial moves

During the week, sectors like banking and IT witnessed profit booking. Mid- and small-cap stocks also corrected, highlighting concerns over premium valuations.

What should investors do?

In the coming week, analysts expect muted Q4 earnings expectations and weak IT results to extend the consolidation in the domestic markets.

"Large caps could offer solace for investors, given earnings stability. GDP, PMI, and jobless claims data from the US next week will provide further insights into the Fed's policy. Additionally, Indian PMI data and Q4 results are anticipated to shape market trends in the coming week," said Vinod Nair, Head of Research, .

Technically, it has been a devastating week for the bulls as they got hammered throughout, showcasing a sentimental turnaround. "Though it would be early to claim that we are completely out of the woods and hence, caution is warranted," said Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.

As far as levels are concerned, analysts said the psychological mark of 22,000 withholds the intermediate support, followed by the strong support of the 21,800-21,700 subzone.

"On the higher end, the 20 DEMA placed at 22,300, followed by a bearish gap of 22,430-22,500, is likely to act as a daunting task in the near period and an authoritative breakthrough could only re-strengthen the lost momentum to the bulls of D-Street," Krishnan added.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)