Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more
Nifty had piled up over 1,100-points in the two weeks before this one. There were clear signs of some impending consolidation at that point in time. In line with that analysis carried out, the index spent the past five sessions in a much narrower range as it tried to consolidate at present levels. It oscillated … Read more
MUMBAI: While largecap investors may be cribbing about the false recovery in the headline indices on Monday, after they ended in the red today, midcaps investors have no such complaints. The segment’s recovery continued to gain strength heading into the Diwali holidays as the Nifty Midcap 100 rose over 0.8 per cent on a day … Read more
MUMBAI: In what can be called a rarity, going by the past 10 days’ action, midcap stocks managed to outperform both their largecap and smallcap peers today. The Nifty Midcap 100 index ended in the green with gains of 0.3 per cent while the Nifty50 and Nifty Smallcap 100 fell 0.3 per cent each. While … Read more