Over the past four sessions, the broader market indices have seen a significant rally. The Nifty Smallcap 100 has surged almost 5 percent, outperforming the benchmark indices. Foreign institutional investors have reduced their selling pressure and become marginal buyers.

This indicates a shift in market dynamics, with small and mid-cap stocks leading the charge in the broader market rally. On November 27, the Nifty Smallcap 100 reached an intraday high of 18,474.35, a 1.14 percent increase. In comparison, the Nifty 50 climbed over half a percent to reach an intraday high of 24,341.15, a gain of 4.21 percent. The Nifty Midcap 100 recorded a more modest rise of 2.87 percent.

The Nifty Smallcap 100 has been the standout performer, with a surge of almost 5 percent. The Nifty 50 and Nifty Midcap 100 also experienced gains, but to a lesser extent. Foreign institutional investors have shifted from selling to buying, indicating a change in market sentiment. This rally is being led by small and mid-cap stocks, highlighting a shift in market dynamics.