Nifty Midcap And Smallcap Indices Rise Up To 0.68%, Snap Four-Day Losing Streak

Nifty Midcap 100 and Nifty Smallcap 100 indices continued to rise on March 17, 2026, gaining up to 0.68% in the afternoon and ending a four-session drop. This was due to widespread buying.

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Broader Markets Outperform

At around 1:20 PM, the Sensex was up 465 points or 0.6% at 75,968, while the Nifty gained 148 points to 23,557. Market breadth remained positive, with 2,193 shares advancing against 1,606 declining, as per exchange data cited by Reuters.

The Nifty Midcap 100 index rose 0.68%, while the Nifty Smallcap 100 index gained 0.58%. The rebound follows a cumulative decline of about 4.5% in the midcap index and nearly 4% in the smallcap index over the previous four sessions.

Metal And Capital Goods Stocks Lead Gains

Metal and capital goods stocks led the way in the broader market. Lloyds Metals and Energy rose more than 6% among midcaps, and National Aluminium Company rose 5.3%. 

AIA Engineering and GE Vernova T&D India both went up about 5%, and Steel Authority of India went up more than 4%. Coromandel International, KPIT Technologies, and Bharti Hexacom were also winners, with gains of 3% to 4%.

Mixed Trend In Select Stocks

Some stocks declined during the session. Hindustan Petroleum Corporation fell 3.6%, while Godrej Industries dropped over 3%. Tata Elxsi, Persistent Systems, and ITC Hotels declined up to 2.7%, according to Reuters.

Smallcap Segment Sees Sharp Gains

In the small-cap segment, Gokul Agro Resources rose over 16%, while Capacit’e Infraprojects gained more than 11%. Matrimony.com, Pakka, and Jyoti CNC Automation advanced between 7% and 9%.

On the downside, Vidhi Speciality Food Ingredients declined nearly 6%, while Sterlite Technologies, Aqylon Nexus, Hindustan Media Ventures, and Silver Touch Technologies fell between 4.5% and 5.5%.

Volatility Eases During Session

People bought stocks in the metal, auto, infrastructure, and private banking sectors, but IT and FMCG stocks stayed under pressure.

According to Reuters, the India VIX fell more than 7% during the session, which means that market volatility was going down.

The rise in midcap and smallcap indices shows that the larger markets are starting to recover after recent drops, thanks to gains in many sectors.