Notwithstanding the minor dip seen in the smallcap index last week, technical indicators suggest buying momentum will continue as the selling was just routine profit booking, says Sudeep Shah of SBI Securities.. “Technically, Nifty Midcap and Nifty Smallcap are in a strong uptrend as they are marking the sequence of higher tops and higher bottoms. … Read more
Equity markets had a positive start to the week, but the sentiments were dampened after the central bank left the key rates unchanged, opting for a more cautious stance on inflation. During the week as many as 75 smallcap stocks delivered double-digit weekly returns with four of them rallying over 25%. Greenlam Industries was the … Read more
For a smallcap investor, it’s a dream to see his hidden gem gradually turn into a much sought-after largecap stock and deliver multibagger returns in between. Citing market data, celebrated fund manager Saurabh Mukherjea says most smallcaps that show early promise falter as they grow and eventually fade into oblivion. Data collated by PMS firm … Read more