Aditya Birla Capital, Jubilant FoodWorks, MhpasiS, Narayana Hrudyalaya, and Tata Power are among the 22 SMIDs where it remains bullish.
Market players say while the earnings report card of the broader universe for the last quarter was disappointing, investors are trying to factor in a revival in earnings.
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
Shares of Avanti Feeds jumped over 80% in the last 3 months while those of Dr Lal PathLabs climbed around 38% in 6 months. Shares of Deepak Nitrite & Blue Star rose over 30% each in the last 4 months
Investors have taken shelter in some of India's biggest companies amid a credit crunch and the slowest economic growth in six years
Negative returns reflect sombre mood, especially slump in mid-cap and small-cap stocks
If you have stayed invested for over a year, things are likely to be jittery till June-end when the mutual fund industry's reclassification exercise is completed