For the first time since beginning of the Yen carry trade in India, there has been small redemptions from Yen denominated funds over the past 2 weeks
From the July 23 Budget 2024-day low, the midcap and the smallcap indices on the BSE have seen a surge of over 6 per cent and 7 per cent respectively
The BSE Midcap index climbed 1.81 per cent during intra-day trade, driven by gains in SJVN, Ashok Leyland, and Mphasis
The threshold has jumped from Rs 67,000 crore and Rs 22,000 crore after the end of the previous rebalancing in December 2023
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
The Nifty Index is currently trading at 23,465.60. On near-term charts, the index is positioned in the oversold zone, suggesting that selling pressure will likely emerge on any rise
Midcap, smallcap indices log the biggest fall in nearly two months
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
The fund targets long-term capital appreciation from a portfolio predominantly invested in equity and equity-related securities of large and midcap companies
The S&P BSE Midcap index traded higher for a third straight day, surging 3.5 per cent during the period
Redemption gating, cap on employee withdrawal among measures
The market correction in 2018, analysts believe, was led by several risk events coming together in the same year, which triggered the market bear phase
While the bulk of midcap funds that have declared their results will be able to liquidate 25 per cent of their portfolio within three days, only about half of the smallcap funds would be able to do so
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
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