Indian Markets Soar: Defence & Microcaps Lead the Charge in May, RBI Rate Cut Extends the Rally!

May saw a remarkable surge in Indian equities, with two key sectors leading the charge: defence and microcaps. The Nifty 50 index experienced a solid 1.71% increase, but it was the Nifty Microcap 250 that truly stole the show, skyrocketing…