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
About 12 smallcap stocks that have given multibagger returns of upto 412% in 2023 so far, saw retail investors increase their holdings for three consecutive quarters. These 12 stocks are Anand Rathi Wealth, Control Print, Gravita India, IRCON International, Jupiter Wagons, KDDL Ltd, Kilburn Engineering, KSolves India, Saksoft, Shilchar Technologies, Sky Gold, and Som Distilleries … Read more
“Interest rates in the US shooting up would remain the prime risk for the Indian and global financial markets,” says Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities. In an interview with ETMarkets, Sheth said: “We believe that the broad-based rally in the BSE Smallcap index may pause for the short term. Some … Read more