The Sensex surged 1.42 per cent (1,071.33 points) to 76,459.72, while the Nifty50 bounced 1.37 per cent (312.5 points) to 23,110.85, suggesting that some support is still present
In the previous two calendar years, Zen Technologies had zoomed over 200%; with a 207% surge in CY 2024 and 333% in CY 2023.
Analysts expect this painful phase for the small-cap stocks to continue for some more time, at least till the corporate earnings start to show signs of improvement.
At 12:30 PM, BSE Sensex was trading 0.64 per cent higher at 77,253.98 levels. Similarly, Nifty50 was trading 0.82 per cent higher at 23,439.55 levels
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration
DIIs have doubled their shareholding, in terms of absolute number of shares held, in 46 out of the Nifty 500 companies in the last nine months, shows ACE equity data.
Shares of MPS hit a record high of Rs 2,513.40, as they rallied 14 per cent on the BSE in Friday's intra-day trade in otherwise weak broader market.
From peak of 17.7%, it dips to 16.6% while active schemes advance
Goldiam International has rallied 9% to Rs 569.50 in intraday trade, zooming 82% in 2 months and PGIL has surged 6% to Rs 1,718.05 in intraday trade, soared 71% in two months.
The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.
Analysts suggest, the markets are worried about implementation of protectionism measures by the new leadership in the US and evolving deflationary conditions especially in China.
In past two consecutive calendar years, the stock price of PTC Industries has more-than-doubled with 137% rally in CY23 and 124% surge in CY24.
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years
Aarti Pharma share price: The Gujarat Pollution Control Board has ordered Aarti Pharma to deposit a bank guarantee of Rs 2,50,000
63 Moons, Mercury Ev-Tech, Axiscades, JSW Holdings, Indo Tech Transformers, Zaggle, Motisons, Sunflag Iron and EPACK Durable from the BSE Smallcap index were locked at 5% upper limit on Wednesday.
Honeywell Automation stock is seen testing its monthly super trend line for the first time since 2014. At present levels the stock has shed one-third of its valuation from its peak.
A fresh list of largecap, midcap, and smallcap stocks is set to be released by the Association of Mutual Funds in India (Amfi) in the first week of January
As many as 30 mid, smallcap stocks more-than-doubled investors wealth in 2024 as MidCap and SmallCap indices outperformed benchmark Nifty 50 with over 30 per cent gain. Here are stock picks for 2025.
Shares of Kernex Microsystems hit a new high of Rs 1,385.80, trading higher for the fifth straight day, surging 28% during the period.
Mid, SmallCap stocks to buy: Analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters