The last 10-year data suggests that smallcaps have been the biggest beneficiaries, with an average return of 3.55% and a 100% win rate, indicating uninterrupted gains during this seasonal window...

Broader markets rose for third straight day on December 22 and also marginally outperformed the benchmarks with Nifty Midcap 100 and Nifty Smallcap 100 rising 0.6% and 0.76% respectively.

Among Nifty Midcap 100 gainers were RVNL, Cochin Shipyard, KEI Industries, which rose 3%-4.5%. The other gainers on the index were NALCO, UPL, SAIL, which rose 3% each.

Among top Nifty SmallCap gainers were Jupiter Wagons and KEC International, which rose 12% and 4.5%, respectively. Rally in Jupiter Wagons came after promoter Tatravagonka AS has acquired a 0.55% stake (28.72 lakh shares) in the company for Rs 135 crore. KEC International shares rose as the engineering company said Delhi High Court kept Power Grid Corporation of India's order pertaining to exclusion of company from participating in tenders in abeyance.

Court has further allowed company to continue to participate in ongoing bids including that of Power Grid.

GRSE, Newgen Software, BEML shares rose 3%-3.5% to be among the other gainers on the smallcap index.

MARKET IS WAITING FOR A BIG RALLY INSIDE #SmallCaps & #MidCaps Stocks