DMart, Larsen & Toubro, Mphasis, General Insurance Company, Godawari Power (GPIL) and New India Assurance (NIACL) across market categories look favourably placed on technical charts.
Historically, the combination of narrowing earnings differential, high valuations and prolonged outperformance, Nuvama said, has led to a large period of underperformance for SMIDs (2018-19)
Nikhil Ranka, chief investment officer - equity alternatives at Nuvama Asset Management, says investors could scout for bottom-up mid-caps and small-caps stocks to generate superior returns
In the past month, the Smallcap index gained 3 per cent, as against a 1.5 per cent rise in Midcap and a 0.66 up move in Sensex
Despite trading in overbought territory Delhivery, Metropolis Health look poised for up to 19% further gains, while Usha Martin stock could dip 9%; suggest technical charts.
Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday.
The rise in the usage of the margin trading facility comes as the Nifty index soared over 17 per cent from its April lows
Market experts believe that small-caps hold promise from a long-term perspective, provided investors do their homework diligently
the Bank Nifty index advanced 0.80 per cent from its previous close to scale a fresh peak of 57,076 during intraday deals on Thursday
Wood has also rejigged his India portfolio, with the investments in Larsen & Toubro, Thermax and Godrej Properties will be removed
Market outlook: Several factors have been driving the sustained strength in the markets - supportive policies, significant infrastructure investments, and overall economic growth
Technical outlook on smallcap stocks - Anand Rathi, Suven Life Sciences, Pfizer, Clean Science and Jindal Saw seem to be favourably placed, and can potentially gain up to 19% from here on.
As a strategy, we prefer domestic-focused sectors like BFSI, Consumption, Industrials, Healthcare, and Telecom, says Gautam Sinha Roy, equity & fund manager at ICICI Prudential Life Insurance.
Coforge and Vesuvius have rallied up to 29% post announcement of stock split; technical charts suggest these 2 stocks could rally another 16% from present levels.
Dynamic Cables share price has soared 37 per cent after it reported a strong set of earnings for the quarter ended March 2025 (Q4FY25)
Technical charts suggest that smallcap stocks such as Balrampur Chini, Alok Industries, 360 One Wam, Elgi Equipments and Godawari Power are poised to gain in the near-term; check key levels here.
Technical chart suggests that Valor Estate (former DB Realty) can potentially zoom over 30%, while other smallcap stock - Ujjivan SFB can rally over 14% from present levels.
As things stand, the small-and mid-caps look relatively more expensive, said Jyotivardhan Jaipuria, founder & managing director, Valentis Advisors, and can underperform in the early part of FY26
The IT sector defied the market's trend by adding gains, driven by positive global cues stemming from expectations of softer tariffs and a recent correction in valuations
BSE SmallCap index: Since March 18, the BSE MidCap index has advanced by 7.6 per cent (3,019 points) on the exchange, while the BSE SmallCap index has jumped 9.16 per cent (4,017 points)