Nifty Midcap

Nandish Shah of HDFC Securities believes that the Nifty Smallcap 250 index seems favourably placed on charts compared to the Midcap 150 index, and can potentially rally to new highs from here on.

"Several stocks from a "popular" sector can enter the index simultaneously, while sectors that are out of favour may become under-represented," the report said.

More BSE stocks advanced than declined for a second straight month in July as strong earnings, FPI inflows and broad-based buying lifted large-, mid- and small-cap indices

The Nifty Midcap 50 and Smallcap 50 have gained 21 per cent and 29 per cent thus far in FY27 led by strong gains in BHEL, Laurus Labs, Prestige Estates, Aegis Logistics and Welspun Corp.

The Nifty MidCap Select index can rally up to 15,200 levels in the medium-term, believes Virat Jagad, Sr. Technical Research Analyst at Bonanza.

Strong domestic participation and improving global risk sentiment lifted midcap stocks to record highs, even as benchmark indices closed largely unchanged

Nandish Shah of HDFC Securities has shared Bull Spread' on strategy on Midcap Nifty and Sun Pharma

Muthuselvaraj, technical analyst at Mirae Asset Sharekhan believes that the overall chart structure for Nifty remains bullish as long as the index holds above 21,750 levels.

The Nifty MidCap index can surge near 25,000-mark; whereas, midcap stocks such as AIA Engineering, Alkem Labs, Muthoot Finance, ICICI Prudential Life and UPL can rally another 22%, suggest tech charts

In the past six months, Nifty Midcap 150 index has outperformed the market by surging 10 per cent, as against 5.3 per cent rally in the Nifty 50.

The daily chart shows that Nifty is favourably placed, with shorter-term moving averages quoting above longer-term averages. Near support for the index is seen at 25,700 and 25,355 levels.

The NSE Nifty 50 index can potentially rally to new life-time highs around 28,300 levels in Samvat 2082, while the BSE Sensex can surge to 92,000 levels, suggest technical charts; details here.

Key triggers for the upcoming Samvat include a broad-based consumption from GST 2.0, urban demand recovery, festive tailwinds, and an earnings acceleration

Capturing midcap energy without losing control of the charge

Long build up is seen in the Midcap Nifty Futures where Open interest rose by 6 per cent along with a price rise of 0.60 per cent

Technical chart indicates that the short-term bias for the Nifty is likely to remain tepid as long as the index quotes below 25,065 levels.

Fresh entrants like Swiggy and Dabur step in as others exit, setting ₹1,800 crore in trades in motion

Analyst at HDFC Securities have recommended a 'Bear Spread' Strategy on the Nifty MidCap index as it has broken down from the upward sloping trendline, suggesting a weak outlook

The Nifty MidCap index can slip another 4%, or extend the fall towards 19,600; hints the technical chart. The SmallCap index is yet to confirm a downside breakout.

F&O strategy: Short-term trend of the Midcp Nifty turned weak, while it is strong for Biocon