“And as you said that there has been a good sector rotation in the market and there are many stocks in the largecap segment also which are looking very good technically, they are giving fresh breakouts and follow-ups are also being registered, so that is a nice setup we can say. We are finding good … Read more
Sidestepping all the worries around hike in capital gains tax, Street favourite BJP not getting the majority mark in the Lok Sabha elections and controversies surrounding Sebi chief Madhabi Puri Buch, Sensex has rallied nearly 6,300 points or 8.2% in the first 100 days of Modi 3.0 government. The road to the century-mark, which coincides … Read more
Mid-cap and small-cap indices have been on a blistering run so far in 2024, breaking new records and defying cynics. But beneath the surface, the optimism may not be as widespread as the benchmarks show. In the Nifty Midcap 150 and Smallcap 250 indices, 20 stocks have contributed to roughly 50% of the respective index’s … Read more
Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
With Ayodhya getting a $10 billion makeover after the grand opening of Ram Mandir on Monday, investors are continuing to look for stocks that could benefit from the surge in religious tourism. Shares of smallcap stock Responsive Industries rallied up to 7% on announcing its selection as a key partner for several prestigious hospitality and … Read more
Small-cap funds, known for investing in companies with smaller market capitalisations, have always been a focal point of intrigue. These funds typically invest in businesses in their growth phase, offering high potential for returns but carrying higher risks than mid and large-cap funds. In 2023, small-cap funds have drawn considerable attention due to their exceptional … Read more
Indian equity markets extended their winning streak for the 8th consecutive calendar year, with the Nifty gaining 20% in 2023. Mid-cap and smallcap investors saw an even faster rise in wealth. Many IPOs delivered outstanding returns as investors rushed to new offerings amid a dearth of reasonably valued stocks in secondary market. Retail investors continued … Read more
Ashi Anand, Founder & CEO, IME Capital, says “in a market where the overall underlying momentum is quite strong, the sentiment is positive and the longer term outlook is looking good, it is important not to get carried away. There is a right price at which you need to buy a company. And if you … Read more
