With increased economic activity in the country, the expectations are that India will double its generation and transmission capacities in the next couple of years
Somnath Mukherjee of ASK Private Wealth says the risk in the smallcap space has more to do with the enhanced regulatory scrutiny and the slowdown in profit growth
The long-term data, however, suggests the mid and small stocks have on most occasions traded at a premium to the benchmark index
India has 27 smallcap funds and 24 midcap funds, managing Rs 2.4 trillion ($28.93 billion) and Rs 2.1 trillion respectively
The Nifty midcap 100 rose 2 per cent, while the Nifty Smallcap 100 gained 3.5 per cent. Both indicies had plunged about 5 per cent each a day earlier in what was their worst performance in two years
There is still great value in PSU banks, defense, oil marketing companies, and select monopolistic PSUs in the mining and minerals space
The reports, which will also be published on Amfi's website, will have to be disclosed every 15 days
While the industry has always had large and midcap funds, there is no scheme that offers exposure only to mid- and smallcap stocks
TRF, KIOCL, GE T&D India, Dredging Corporation of India, Azad Engineering, and Balaji Telefilms were some of the other stocks which were locked in the upper circuits of 5 per cent to 20 per cent
Stock market highlights on January 18, 2024: HDFC Bank slipped 3 per cent after falling over 8 per cent Wednesday
Stock market LIVE updates on January 17, 2024: HDFC Bank led losses among largecaps, sinking over 5 per cent after its Q3 profit rose 2.5 per cent QoQ to Rs 16,373 crore
Closing Bell on January 3, 2024: On the upside, Bajaj Auto, Adani Enterprises, Adani Ports, Cipla, ITC, and IndusInd Bank were the top gainers, rising up to 4.5 per cent
Closing Bell on January 2, 2024: Among sectors, the Nifty Pharma index zoomed 2.5 per cent, followed by the Nifty Media index (0.43 per cent), and the Metal index (0.26 per cent)
Rebalancing by allocating more to an underperformer will help you avoid tax liabilities
Fund managers expect active funds to regain the edge 'once the froth settles'
Moreover, the upmove in the equity markets will shift towards small-caps, the brokerage predicts
Pain in equities is expected to continue in the short-term, but investors with longer horizon must stay the course
Analysts remain cautious on mid-and-smallcap segments and suggest earnings need to catch up before the stocks start to recover
Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock
CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows