Nifty Smallcap 100 Falls 0.27% to 18,454.55; ANANTRAJ and NBCC Lead Gains

As of September 22, 2025, at 11:56 AM, the Nifty Smallcap 100 index stood at 18,454.55, down 50 points (-0.27%). The index tracks the performance of 100 small-cap stocks listed on the NSE, representing the behaviour of the small-cap segment of the Indian financial market.

It is rebalanced semi-annually and is used for benchmarking fund portfolios, ETFs, index funds, and other structured financial products. The index also has a variant known as the Nifty Smallcap 100 Total Returns Index.

Top Gainers and Losers

On September 22, 2025, the top gainers in the small-cap segment were ANANTRAJ, which surged 5.95% to ₹678.50, followed by NBCC at ₹116.70 (+5.32%), HINDCOPPER at ₹297.38 (+5.13%), GRSE at ₹2,710.90 (+4.05%), and PEL at ₹1,167.00 (+3.99%). 

On the downside, the biggest losers included ZENSARTECH, down 3.95% to ₹823.90, CYIENT at ₹1,204.00 (-3.08%), IKS at ₹1,513.90 (-2.70%), SAGILITY at ₹45.36 (-2.30%), and LALPATHLAB at ₹3,394.10 (-2.29%).

Sector and Company Weights

The index covers diverse sectors, led by Financial Services at 24.90%, followed by Capital Goods (10.63%), Healthcare (10.25%), and Chemicals (8.04%). Other notable sectors include Services, Information Technology, Construction, and Consumer Durables. 

Top companies by weight include Multi Commodity Exchange of India Ltd. (3.79%), Laurus Labs Ltd. (3.37%), Central Depository Services (India) Ltd. (2.55%), Delhivery Ltd. (2.43%), and Radico Khaitan Ltd. (2.24%).

Also Read: Nifty Financial Services in Green; Muthoot Finance, Cholamandalam & ICICI Prudential Lead Gains!

Performance Overview

The Nifty Smallcap 100 has shown strong long-term growth despite recent volatility. Its 1-year return stands at 26.30%, with a 5-year CAGR of 15.39%. The index has a dividend yield of 3.78%, a P/E ratio of 30.79, and a P/B ratio of 0.81, reflecting the higher growth potential and risk profile of small-cap stocks compared to large-cap indices.

Conclusion

The Nifty Smallcap 100 provides a comprehensive view of India’s small-cap market segment, offering investors exposure to high-growth but volatile stocks. With significant contributions from financial services, healthcare, and capital goods, the index continues to be a valuable benchmark for small-cap investment strategies.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.