As India marks its 77th Republic Day on January 26, 2026, the past year has highlighted both the country’s resilience and the challenges faced by financial markets. Amid global uncertainties, the Sensex rose by around 7%, while the broader market lagged, with the smallcap index declining nearly 6.5%. Several smallcap stocks defied the broader trend—18 stocks more than doubled in value—showing that select companies can still create significant wealth even during difficult market phases. (Data Source: ACE Equity)