Nifty small cap index fell from highs of 9000 in 2017 to a low of 3600 in March 2020. Since then it went up sharply, and hit a fresh all time high of 11290 in Dec 21. And since then it has been in a corrective mode with swing low of around 8450 in June 2022 and currently at 9740.
I think once a strong trend gets established in the Nifty 50, the dog will get settled and the tail will start wagging. Till that time it could be sideways or more stock specific.
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