On Thursday, June 20, Quant MF acquired 120,000 shares, representing 0.52 per cent stake in HCIL, for Rs 5.44 crore
The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.
Outlook on Nifty smallcap stocks: Delta Corp, Eris Life, Praj and Usha Martin can rally up to 28 per cent, while Symphony may witness a corrective move in the near-term; suggests technical charts.
Going ahead, analysts see more pain in the offing for broader markets as stocks command extremely rich valuations, limiting upside in the near-term
Stock Market LIVE on June 04: As of 11:30 AM, Narendra Modi-led BJP was seen leading in 237 seats, and Congress was seen with 98 seats, as per Election Commission of India
Meanwhile, every government since 1991, Shankar Sharma said, has performed exceedingly well in different ways and with different strategies
However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.
Jyoti Resins, Tanfac Industries, Olectra Greentech now trade above Rs 1,300 per share as against a single-digit stock price way back in May 2014, study shows.
Among sectors, UBS prefers domestic-linked sectors such as automobiles, consumer durables, industrials / infrastructure, utilities, and real estate
Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines
The Nifty 500 index has gained 0.9 per cent and the MidCap 1.8 per cent in comparison to 0.5 per cent and 0.2 per cent addition in the BSE Sensex and Nifty benchmarks.
Fino Payment Bank, Max Financial, Sula Vineyards and Embassy REIT among top midcap and small-cap stocks by CLSA.
Stock market Update on Tuesday, April 30: Q4 results, US Fed meet and trading holiday to weigh on investor sentiment; Gift Nifty hints at a quiet start.
Analysts said selloff in small and midcaps dissipated fast, with investor interest in those stocks reviewing as they found value in certain small and midcap stocks following a sharp drop in valuations
Balu Forge Industries stock price: Ace investor Ashish Kacholia held 2.19 million, or 2.14 per cent stake, in Balu Forge as on March 31, 2024
In March, most of the small and midcap had corrected as much as 30-50 per cent prompted by market regulator Sebi's warning of expensive valuations in the space
BSE SmallCap index today: The SmallcCap index hit a high of 46,426.72 in the intraday trade, and was less than 1 per cent away from its record high
Ashnisha Industries stock price has plunged over 53 per cent in the March quarter, with retail shareholding rising sharply to 82.65 per cent from 73.43 per cent.
Apar Industries, CESC, Glenmark, Jubilant Pharma and Power India are trading in overbought zone; charts suggest bias to remain positive as long as these support levels hold.
Stock market updates on Friday, April 05: Among sectors, the Nifty Realty index gained 1.5 per cent, followed by the Nifty Bank (up 0.9 per cent).