Good morning... I’m Samie Modak in Mumbai, where small-cap funds are all the rage and large‑cap funds are out of fashion. The recovery in the Nifty 50 index seems to have petered out, with the benchmark slipping below technical support at the 24,500 level, even as foreign fund flows showed signs of a rebound.

Now that oil prices are on the rise again, the stage is set for another choppy trading session. Investors continue to pour money into small and mid‑cap funds, keeping them hot while large‑cap flows wane. The market narrative is driven by the contrast between the stagnant blue‑chip performance and the sustained demand for smaller‑cap equities.

The rebound in foreign fund flows hints at renewed appetite for Indian equities, despite the broader market caution. This dynamic underscores the shifting investor preference toward higher‑growth segments.

The article also references an advertisement for the Mutual Funds Sahi Hai campaign by the Association of Mutual Funds in India (AMFI) displayed at a Mumbai bus stop, underscoring the growing visibility of mutual‑fund products. Despite the Nifty’s technical weakness, the inflows suggest confidence in the smaller‑cap segment.