A conservative approach, diversified portfolio and don't be discouraged by setbacks in the market
With today's decline, the BSE Smallcap index has slipped 5 per cent from its record high level touched on February 7
The broader market breadth was weak with 2,813 stocks declining and 823 gaining on the BSE
Elevated MF returns, preference for SIPs led to net additions of 15 mn accounts
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India. The results of the general elections will also be keenly watched'
Measured against 2018 baseline, mcap of largest smallcap stock has surged 2.5x
As many as 497, or half of 1050 stocks, from the midcap and smallcap index have outperformed the all benchmark indices and appreciated over 35 per cent during Samvat 2079
Closing Bell on October 26, 2023: In the broader market, the BSE MidCap index shed 0.94 per cent, and the BSE SmallCap index fell 0.19 per cent
DSP Mutual Fund will also launch a smallcap fund this year to take advantage of the inflows to the segment, Parekh said
Thus far in calendar year 2023 (CY23) the Nifty Midcap 100 index has surged 29 per cent, as compared to 11 per cent gain in the Nifty 50
In July, the S&P BSE Smallcap index surged 7.4 per cent as compared to 5.7 per cent rally in the Midcap index, and a modest 2.8 per cent gain in the Sensex.
Around 40 stocks on the BSE SmallCap index scaled new record highs, including The Anup Engineering, Bector Food, Cholamandalam Fin, CMS Info, CreditAccess Grameen, RPG Life, Escorts, Inox Green
CLOSING BELL ON JULY 11, 2023: The NSE Nifty ended 84 points or 0.4 per cent higher, while the Bank Nifty and Nifty Financial Services declined 0.2 per cent and 0.4 per cent, respectively on Tuesday.
The one-way rally in the broader market lasts for 17/18 months (on average) and is followed by a corrective phase of 18-24 months
If investors exit the market now, they could be left on the sidelines when a sustained recovery begins
Given the recent underperformance of the mid-and small-caps compared to their larger peers, analysts expect these two market segments, especially the small-caps, to catch up now
On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections
Stick to proven fund houses with at least a 5-year track record and see how they performed over market phases
Hold only a couple of funds and diversify across growth and value style
While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good interest from a medium-to-long term