MF reclassification ahead: Hero Moto, SBI Card in focus; key levels here

As per reports seven stocks are likely to witness a switch from largecap to midcap classification and vice versa; here's what the chart suggests for select five stocks.

The Association of Mutual Funds in India (Amfi) is scheduled to review stock classification - such as midcap, smallcap and largecap, based on the market-capitalisation of individual companies. Amfi carries out this exercise twice a year - first at the start of January and then in the seventh month - July.

The top 100 companies based on the average market-capitalisation (m-cap) in the past six months qualify as largecaps, the next 150 become midcaps and the rest smallcaps.

As per a IIFL Securities report, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana