The Association of Mutual Funds in India (AMFI) last week released the new stock categorization list, highlighting the changes in largecap, midcap and smallcap. According to the semi-annual categorization of AMFI for H2CY2024, the threshold for largecap stocks has now increased to ₹84,300 crore from ₹67,000 crore in December 2023. […]
smallcap stocks
Small and Mid-caps have remained market favorites so far this calendar year. Stocks from this space have witnessed exceptionally strong demand by retail investors in the first half of 2024. Year-to-date, the Nifty Midcap and Nifty Smallcap indices have both surged approximately 21 percent, outperforming the benchmark Nifty’s 10.5 percent […]
Olectra Greentech share price extended rally on Wednesday as the stock indicated technical breakout on the daily chart. Olectra Greentech shares gained as much as 2.6% after witnessing a sharp 4% surge in the previous trading session. Olectra Greentech has given multibagger returns as the stock price jumped over 96% […]
Indian stock market traded higher on Tuesday, with the frontline indices Sensex and Nifty 50 tad below their record high levels. The gains were led by banking, financial services and IT stocks. Foreign Investors are optimistic on Indian markets from a medium-term perspective but are cautious after the surprisingly strong […]
The industry body Association of Mutual Funds of India (AMFI) classifies largecap companies as those ranked from 1-100 in market capitalization. As per the classification, Midcap companies are the next from 101-250, while those ranked from 251 onwards are classified as Smallcap companies. Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, […]
In the financial year 2023-24 (FY24), about 35% of the total ₹2.08 trillion of FPI equity investments in India were channeled into the top 100 companies of the BSE Smallcap index, totalling ₹71,631 crore and making up 70% of the overall investment into smallcaps, according to BSE shareholding data analysed […]