Street signs: Liquidity boost for small-caps, tailwind for gold, and more

Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week

Liquidity boost for small-caps

Several small-caps and mid-caps are back on traders’ radar after stock exchanges eased circuit filters on them. Last week, 36 stocks saw their circuit filters go up from 5 per cent to 20 per cent. Nearly 200 saw theirs going up from 10 per cent to 20 per cent. “The 5 per cent circuit limit was too restrictive. It sucked out liquidity from many counters. A 20 per cent limit still offers flexibility for traders, as well as investors, to react to any development,” said an analyst. Exchanges have revised circuit limits on 645 stocks, of