Investors Add Rs 44 Lakh Crore In 2 Weeks As Sensex Jumps 6,800 Points; Midcaps & Smallcaps Outperform

Last Updated:April 17, 2026, 5:11 PM IST

Nifty Smallcap 100 gains 10.60%; top gainers in two weeks are Ola Electric, Gallant Ispat, Angel One, Aditya Infotech, and Jaiprakash Power Ventures.

The BSE Sensex climbed 6,838 points, or about 9.5 per cent, from 71,655 to 78,493.54 between April 2 and April 17.

Staging a sharp rebound following the US-Iran ceasefire, Indian equity investors have added nearly Rs 44 lakh crore in wealth over the past two weeks, driven by gains in benchmark indices and strong outperformance from broader markets.

Benchmark index BSE Sensex surged 9.5 per cent between April 2 and April 17, while broader indices, including mid-caps and small-caps, outpaced large-caps.

According to the latest data available on the BSE website, the total all-India market capitalisation rose from Rs 421.81 lakh crore on April 2 to Rs 465.59 lakh crore on April 17, translating into an increase of Rs 43.78 lakh crore. In the latest trading week alone, market capitalisation expanded by more than Rs 14 lakh crore.

Benchmark indices posted strong gains during the period. The BSE Sensex climbed 6,838 points, or about 9.5 per cent, from 71,655 to 78,493.54. The NSE Nifty advanced more than 2,100 points from 22,220 to 24,353.

Broader markets outperformed the frontline gauges, signalling strong risk appetite among investors. The Nifty Midcap 100 rose 10.19 per cent between April 2 and April 17, while the Nifty Smallcap 100 gained 10.60 per cent. The NIFTY Microcap 250 led the rally with an 11.79 per cent jump.

The move indicates broad-based buying across large-caps, mid-caps and smaller companies over the fortnight.

Among NSE 500 stocks, the top gainers in the past two weeks included Ola Electric Mobility (over 70 per cent), Gallant Ispat (nearly 60 per cent), Angel One (about 50 per cent), Aditya Infotech (42 per cent), and Jaiprakash Power Ventures (41 per cent).

Among Nifty stocks, top performers between April 2 and April 17 included Larsen & Toubro (18 per cent), Adani Ports and Special Economic Zone (15 per cent), Trent (14 per cent), Tata Steel (13 per cent), Tech Mahindra (12.8 per cent), and Axis Bank (11.8 per cent).

Market Outlook For Next Week

Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, said, “After a sharp 10% rally over the past 10 trading sessions, Indian equities are likely to consolidate at higher levels next week. The key monitorable remains the second round of diplomatic peace talks between the US and Iran, with the ceasefire deadline of 22 April fast approaching.”

He added that broader markets may continue to outperform, aided by sector-specific news flows and Q4 earnings. Results from HDFC Bank, ICICI Bank and Yes Bank will be closely tracked.

On the institutional side, FIIs were net buyers on April 16 for the second straight session at Rs 382 crore, a key trend to monitor for near-term market stability.

Ankur Punj, MD & business head at Equirus Wealth, said, “Even as investors await the second round of peace talks to resume, the receding crude oil prices is keeping the mood upbeat. If the talks translates into some positive developments, we may see extended uptick in markets with a cautious bias. Rally was led by FMCG, index rose by over 2.65%, primarily due to sector rotation and Price hike/Earning optimism.”

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