Nifty Smallcap 100 Surges 0.37% in September: Real Estate Takes the Lead

In September 2025, the Nifty Smallcap 100 index experienced a positive return of 0.37%, primarily fueled by robust performances in the Real Estate sector. Key contributors to this growth included Anant Raj Limited, Signature Global (India) Limited, and Brigade Enterprises Limited. The market breadth was neutral, with an Advance-Decline Ratio of 49-51, indicating a balanced performance across the board.

The market breadth in September 2025 was neutral, with 49 stocks advancing and 51 stocks declining. This is a marginal improvement from August’s weaker 36-64 split. The Advance-Decline Ratio for September was 0.96, reflecting a more balanced market compared to the previous month.

Real Estate was the standout sector, achieving a weighted return of 7.87%. This was driven by strong performances from Anant Raj Limited, Signature Global (India) Limited, and Brigade Enterprises Limited. Conversely, the Consumer Cyclical sector performed the worst, with a decline of 1.74%. Key contributors to this downturn included Crompton Greaves Consumer Electricals Limited, Devyani International Limited, and Swan Energy Limited.

Over the past year, the top performers were led by Laurus Labs Limited, Amber Enterprises India Limited, and Redington Limited, with returns of 79.77%, 66.93%, and 55.97% respectively. These stocks were primarily from the Healthcare and Technology sectors. On the other hand, the bottom performers included HFCL Limited, Ramkrishna Forgings Limited, and Sonata Software Limited, with returns of -50.96%, -46.52%, and -44.19% respectively. These stocks were mainly from the Technology and Industrials sectors.

As of the end of last month, nearly 50 stocks were more than 20% away from their 52-week highs. Only one stock was within 5% of its 52-week high, with Kaynes Technology India Limited being the closest, followed by Amber Enterprises India Limited and Radico Khaitan Limited. This indicates that while some stocks are performing well, many are still below their recent highs.

The distribution of stocks versus their 52-week highs shows a varied performance, with some stocks like Amber Enterprises India Limited and Radico Khaitan Limited performing exceptionally well, while others like HFCL Limited and Ramkrishna Forgings Limited have struggled significantly over the past year.

Overall, the Nifty Smallcap 100's performance in September 2025 reflects a balanced market with notable gains in the Real Estate sector. Investors should remain cautious and monitor these trends closely to make informed decisions.