indian equity markets

Small and midcap stocks rally up to 44% in one week amid existing market weakness

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Small and midcap stocks rally up to 44% in one week amid existing market weakness

Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the … Read more

FPIs sell-off spree continues; withdraw Rs 2,300-cr from equities in Feb

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FPIs sell-off spree continues; withdraw Rs 2,300-cr from equities in Feb

Foreign investors have turned cautious and pulled out Rs 2,313 crore from Indian equities so far this month ahead of the release of Federal Reserve’s latest meeting minutes. However, the pace of selling has come down compared to January, when Foreign Portfolio Investors (FPIs) took out Rs 28,852 crore. This was also the worst outflow … Read more