Been watching the Indian market closely and there's something interesting happening with small-cap stocks right now. After getting hammered during the Israel-Iran tensions, the NIFTY Smallcap 250 just bounced back over 2% on Wednesday and actually recovered more than 10% of those earlier losses. Pretty impressive move honestly. What caught my eye though is that large cap stocks are still struggling to catch up—the NIFTY 50 is still sitting about 4% below where it was before all the conflict stuff started. The gap between small-caps and large cap stocks performance is pretty telling. Retail investors have clearly shifted their focus here. I saw that mutual fund inflows into Indian small-caps jumped 61% in March compared to February, hitting around 63 billion rupees. People are basically buying up these beaten-down small-cap shares while large cap stocks are lagging. Makes sense when you think about it—small-caps tend to be the real barometer of where retail money is flowing. After underperforming for over a year, they're finally getting the attention again.