News for Diligent Industries Limited (DILIGENT.BO)

Data showed that at least 60 stocks on the BSE have rallied over 250% since October 19, 2021, when the benchmark equity index BSE Sensex hit its all-time high of 62,245.43. Since then, the 30-share index has plunged nearly 13% to date.

Amid the ongoing volatility in the domestic equity market, select little-known stocks from the broader markets have managed to deliver a stupendous return to investors since the beginning of the ongoing calendar year.

BSE Sensex and Nifty 50 were trading over 1 per cent higher on Wednesday, on the back of buying in index heavyweights such as Reliance Industries Ltd (RIL), Infosys.

A general trend is that most of the multibaggers in the list are from smallcap space, where there is more room for them to grow. Among better-known names that have surged multifold in the period are NDTV, DB Realty, Ugar Sugar Works, Triveni Glass and Gujarat Mineral Development Corporation.

BSE Sensex and NSE Nifty 50 indices were trading volatile in a choppy session on the day of monthly F&O expiry.

A host of factors have dragged broader Indian indices -- BSE Midcap and Smallcap.