Valuation concerns ebbed? 400 smallcaps give double-digit weekly returns of upto 52%

MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more

Madhabi Puri Buch: Sebi chief flags bubble in midcap, smallcap space

The Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, on Monday raised concerns over stretched valuations of small- and mid-cap stocks, which are generally favoured by retail investors and have continued to enjoy their patronage through monthly purchase mandates to mutual funds built around such investment themes. “There are pockets of froth … Read more