Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
With Ayodhya getting a $10 billion makeover after the grand opening of Ram Mandir on Monday, investors are continuing to look for stocks that could benefit from the surge in religious tourism. Shares of smallcap stock Responsive Industries rallied up to 7% on announcing its selection as a key partner for several prestigious hospitality and … Read more
Ashi Anand, Founder & CEO, IME Capital, says “in a market where the overall underlying momentum is quite strong, the sentiment is positive and the longer term outlook is looking good, it is important not to get carried away. There is a right price at which you need to buy a company. And if you … Read more
About 12 smallcap stocks that have given multibagger returns of upto 412% in 2023 so far, saw retail investors increase their holdings for three consecutive quarters. These 12 stocks are Anand Rathi Wealth, Control Print, Gravita India, IRCON International, Jupiter Wagons, KDDL Ltd, Kilburn Engineering, KSolves India, Saksoft, Shilchar Technologies, Sky Gold, and Som Distilleries … Read more
The September quarter earnings of companies across market capitalisation was largely better than expected, with a majority of them seeing robust growth in the profitability and bottomline amid easing cost pressures. A steady growth in the topline as well as the operating profit helped some of the companies in the smallcap segment rebound sharply in … Read more
While the benchmarks Sensex and Nifty 50 clocked losses for the fourth straight week, the broader market also lost some of its momentum as was visible in the stock performance. In the week gone by, 55 smallcap stocks gave double-digit positive weekly returns, as compared to 75 stocks a week ago. In the BSE 500 … Read more
Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more
Vesuvius India, part of the capital goods industry, has rallied by about 30 per cent in a month to hit a record high in August and technical indicators suggest that the uptrend is still intact in this smallcap stock. It rose to a fresh record high of Rs 1,529 on 24 August. Short-term traders can … Read more
Indian equity markets registered losses in the last five trading days, logging their first weekly losses in a month as elevated crude oil prices and mounting concerns over global monetary policy tightening eroded risk appetite. The week gone by was a volatile one for stock markets as the Reserve Bank of India announced a 50-basis-point … Read more
By David Randall NEW YORK: U.S. small caps joined in the broad market rally in the days after Election Day as investors priced in the likelihood of a divided Washington with Democrat Joe Biden president and Republicans maintaining their Senate majority. Yet some investors and analysts warned that smaller companies may lose steam as the … Read more