Samvat 2079 has been a good year for small and mid cap stocks as equity markets navigated the highs and lows of interest rate uncertainties and geopolitical tensions. The smallcap indexes have surged over 30% during this period, compared with 9% gain in benchmark Sensex. Since last Diwali, as many as 172 smallcap stocks at … Read more
Amid positive global market sentiments and tracking gains in the bank and financial services pack, Indian equity markets ended on a positive note on Friday. Nifty ended above 18,800 levels at 18,826, up 0.74%. Here’s how analysts read the market pulse: “The headline indices were outperformed by mid- and small-caps, with the Nifty Mid-cap index … Read more
The underperformance of broader indices continued for another week. Technical analysts are, however, expecting a pre-Budget rally with a weak dollar and India VIX below 15 levels. If the Nifty crosses and sustains above 18,200 level, it would take the index towards 18,500 levels, analysts said. HDFC Bank, TCS, L&T, , , Persistent, ONGC, , … Read more