The Nifty 50 index largely comprises of top 50 companies in terms of free float market capitalisation
Dixon Technologies, Waaree Energies, Data Patterns (India), Godfrey Phillips, Devyani International, and KFin Technologies are some of the counters that have gained over 20 per cent during this period
While majority stocks were nursing losses today, some names from the midcap and smallcap segments defied the weak market trend
Technical charts suggest that the Nifty MidCap 150 index may succeed in conquering the long-term moving average; while the SmallCap index faces a tougher challenge.
Investors poured in over ₹83,000 crore into mid and smallcap funds in FY25
From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts
However, on a weekly basis, the Sensex and Nifty posted a decline of 0.27 per cent and 0.33 per cent, respectively
In FY25, benchmarks - Sensex and Nifty50 - logged gains of nearly 5 per cent each
Auto stocks, on the other hand, witnessed a sell-off after US President Donald Trump announced a 25 per cent tariff on imported cars and key auto parts, effective April 3
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
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)
Technical charts suggest that the Nifty, Nifty MidCap and the SmallCap indices can potentially rally up to 6 per cent if they manage to sustain above the short-term moving averages.
Stock Market News: Investors have shown maturity till now and have continued to put faith in equities' long term potential
Indian Stock Market News: Indian stock market hours are from 9:15 AM to 3:30 PM, Monday to Friday. A pre-open session runs from 9:00 AM to 9:15 AM on regular trading days
Nifty SmallCap 100 index plunged as much as 1.95 per cent to an intraday low of 15,201.75, while Nifty MidCap 100 index slipped 1.60 per cent to an intraday low of 48,403
Stock Market Today: The Indian stock markets will remain range-bound in 2025 with a mild positive bias towards large-caps
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
Keeping the price-earnings (PE) multiple intact, our (Nifty) index target gets revised to 27,000 levels i.e. nearly 21x PE on FY27 EPS of Rs 1,300
The Nifty SmallCap index surged 2.70 per cent, or 410.7 points, to hit an intraday high of 15,579.15. Similarly, the Nifty MidCap index increased 1.72 per cent to an intraday high of 50,609.25
Nearly 60% of the SmallCap stocks registered a sharper loss compared to the Nifty SmallCap 100 and SmallCap 250 indices, which were down around 24% each from their respective peaks.