Mumbai: Kotak Institutional Equities said most mid-cap and small-cap stocks are still trading at ‘full-to-lofty’ valuations and well above their fundamental values despite the sharp correction in recent weeks. The brokerage said many low-quality stocks may still have a ‘long way to fall’. “We are not sure if the correction marks a reversal of the … Read more
Mumbai: India’s stock benchmarks, Sensex and Nifty, have been hitting new records in recent weeks but beneath the surface, the optimism is showing signs of fizzling out. The advance decline ratio (ADR), a widely-watched indicator of the overall market health, is pointing to growing weakness in mid-cap and small-cap stocks. The ratio for all BSE … Read more
The higher the Relative Valuation component score, the better it is. Synopsis While the desire to own small caps is high, it is very important to manage the risks of investing in them, they may either give very high returns or just make your capital under perform significantly. For enthusiasts and steadfast supporters of small-cap … Read more
India’s markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to two sources with direct knowledge of the matter. Such funds have seen heavy inflows over the past year, pushing up the prices of … Read more
