F&O Talk: Smallcap index better placed than Nifty, says Sudeep Shah; picks 9 stocks for next week

The benchmark indices ended the week on a positive but indecisive note, with Sensex gaining around 262 points to close at 77,764 and Nifty 50 rising more than 95 points to end above 24,270, adding nearly Rs 44,155 crore to BSE total market capitalisation of Rs 480 lakh crore. Analyst Sudeep Shah of SBI Securities noted that the Nifty Smallcap 100 has consistently outperformed the benchmark and is approaching its all-time high, while Nifty remains about 8 percent below its record peak. He identified key resistance at 24,400-24,450 and immediate support at 24,100 for Nifty, and recommended 9 stocks for the upcoming week.