While the benchmark Nifty slipped nearly 3% over the past three months, weighed down by rising global uncertainties such as the Iran–US conflict and other macroeconomic headwinds, the microcap segment scripted a completely different story. Defying the broader market weakness, the Nifty Microcap 250 Index surged around 20% during the same period, rewarding investors who ventured beyond the large-cap space.The rally was nothing short of remarkable. As many as 13 microcap stocks delivered stellar r