The Nifty index experienced a strong comeback of bullish momentum during the March series, which was much needed after consistent selling over the past five series. After dipping to the 21,950 level in the first week, the index saw a steady upward movement, recovering 1,900 points to cross the 23,850 mark. This was further confirmed … Read more
Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch stated on Friday that there is “no need” for the regulatory body to issue a statement regarding the recent significant corrections observed in small and midcap stocks. Reflecting on her remarks from March last year concerning elevated valuations in these segments, Buch noted that … Read more
“If you see our largecap at index level has given around 15% returns on a five-year CAGR, while smallcap and midcaps have given almost double the returns,” says Sumit Bhatnagar, Fund Manager, LIC MF.Tell us your own assessment of how 2025 is likely to be. Do you think it is going to be much different … Read more
BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more
Apr 02, 2024, 06:58:00 PM IST According to Trendlyne data, these five BSE midcap stocks outperformed their specific industries, while their PEs were lower than their sectoral PEs. Getty Images 2/6 Union Bank of India Industry: Banks1-year change: 135.61%Industry 1-year change: 42.77%PE TTM price to earnings: 9.01Industry PE TTM: 16.3 ANI Industry: Pharmaceuticals1-year change: 112.59%Industry … Read more
Bajaj Finance. Share Price 6910.10 03:59 PM | 26 Mar 2024 149.21(2.21%) Hindalco Industries. Share Price 558.65 03:59 PM | 26 Mar 2024 10.90(1.99%) Britannia Industries. Share Price 4961.45 03:56 PM | 26 Mar 2024 96.45(1.99%) Adani Ports & Special Economic Zone. Share Price 1304.20 03:59 PM | 26 Mar 2024 22.61(1.77%) Larsen & Toubro. … Read more
In India, general elections hold high significance for Dalal Street investors as early trends, opinion polls, and exit polls ahead of the final outcome provide cues on which party is likely to win the game. This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in … Read more
Sanjiv Bhasin, Director, IIFL Securities, says in the microfinance space, AU Small Finance deserves a relook. It was trading below Rs 700. I gave that as one of my Diwali picks at Rs 670, 680. They are progressing very well on their digital apps. Then, look at AB Capital, that is another NBFC which has … Read more
NEW DELHI: A Bollinger band is indicating that Nifty may rally in the Diwali week but two Doji candles formed in the last days do not inspire confidence towards an outright uptrend early next week, says Anand James, Chief Market Strategist at Geojit Financial Services. Edited excerpts from a chat: Unlock Leadership Excellence with a … Read more
Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), … Read more