In the last one month, the benchmark index Nifty 50 went up by 4% while the broader indices midcaps, smallcaps went up by 6% and 5%, respectively. This outperformance was led by improved sentiment and positive flows. However, brokerage house Axis Securities believes that with the recent run-up in the […]
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Deepak Jasani, Head of Retail Research at HDFC Securities, believes the market will witness some profit booking post the Budget. However, Jasani added that after some correction, in case of no negative news, it will attempt to go higher again. Suggesting a market strategy with the Union Budget in mind, […]
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat on Thursday, July 11, as gains in shares of ITC, ONGC, Tata Motors and SBI were offset by losses in those of Mahindra and Mahindra (M&M), Bajaj Finance, ICICI Bank and Larsen and Toubro. Benchmark […]
Expert view: Vaibhav Porwal, the co-founder of Dezerv, believes it is time to book profits in mid and smallcaps due to their rich valuation. At the same time, he sees see value in largecaps. In an interview with Mint, Porwal shares his outlook for the market and discusses economic trends. […]
Stock market today: The Indian stock market’s record-setting spree continued on Thursday, July 4, as did investors’ strategy of booking profits at higher levels. This was evidenced by the market benchmarks, the Sensex and the Nifty 50, which closed with nominal gains after rising half a per cent each and […]
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 […]
Devina Mehra, the founder, chairperson, and managing director of First Global, believes several micro and smallcap stocks are at unreasonable valuations and cautions investors against them, especially those with a market cap below ₹5,000 crore. Mehra highlighted the risks associated with investing in microcap and smallcap stocks in an exclusive […]
Going ahead, the brokerage sees limited short-term upside for the Nifty due to high valuations and a lack of positive catalysts. Despite this, the pause is viewed as a temporary phase in a long-term bull market, with a low likelihood of a significant correction. SAMCO maintains a positive outlook on […]
Edited excerpts: Market has been on a high, will it remain the same ahead of election results or will there be a correction? Markets work like discounting machines that often incorporate forward-looking events into current prices. They typically show a reversal only when unexpected surprises occur. Events like election results […]
Sensex shed 0.70 per cent, while the Nifty 50 declined 0.33 per cent in May. The BSE Midcap index, on the other hand, bucked the trend and clocked a decent gain of 1.74 per cent. The BSE Smallcap index lost 0.11 per cent in May. The domestic market witnessed strong […]