The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
A total of 131 stocks from the Nifty MidCap 150 index, and 211 stocks from the Nifty SmallCap 250 index are seen trading above the long-term moving average as of date.
Disconnect between earnings growth and stock prices, Bernstein said, is even more visible in the small-and mid-cap (SMID) universe
The pockets of the market in which excess exuberance can be seen will undergo a reality check of earnings and valuations, said Gautam Sinha Roy of ICICI Pru Life Insurance
Kotak MF said the earnings growth of smallcaps is expected to improve
According to the available data, domestic institutional investors (DIIs) have pumped in Rs 2.3 trillion in the Indian equities during H1-CY24. 37 mid, smallcap stocks have doubled during this period
Tier-2 companies added nearly 100 senior executives from Tier-1 firms over the past couple of years in a range of roles including presidents and vice-presidents
Going ahead, analysts see more pain in the offing for broader markets as stocks command extremely rich valuations, limiting upside in the near-term
BEML, Exide Industries, HUDCO, Godrej Properties and Prestige Estates could fall up to 19 per cent from present levels, technical charts suggest.
This came after investors resorted to profit booking while tracking early trends indicating a closer contest between the BJP-led NDA and INC-led INDIA Alliance, diverging from exit poll predictions
Meanwhile, every government since 1991, Shankar Sharma said, has performed exceedingly well in different ways and with different strategies
Among sectors, UBS prefers domestic-linked sectors such as automobiles, consumer durables, industrials / infrastructure, utilities, and real estate
Sebi has received a lot of feedback on tweaking the approach for the categorisation of stocks and soon the regulator could announce a new methodology
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
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
By 2035, India's market-cap can touch $18-20 trillion as compared to around $4 trillion right now, Vikas Khemani said in this interview.
The index rose 0.84 per cent to 16,355 - the highest close since February 7 - even as the benchmark Nifty50 index ended little changed
The S&P BSE Midcap index traded higher for a third straight day, surging 3.5 per cent during the period
Over two-thirds of active largecap schemes outperform Nifty 100 TRI
Stock market highlights on Monday, April 01: Among sectors, the Nifty Media index jumped 4.7 per cent, the Nifty Metal 3.62 per cent, and the Nifty Realty 4.21 per cent