In last couple of weeks, the midcap and small cap baskets are on a roll. In fact, unlike previous months, so many stocks from the 'cash' segments started raising their heads higher
What should be your midcap strategy and how to separate the wheat from the chaff
Nifty Midcap 100 index hit two-month low of 17,039 on the National Stock Exchange (NSE) in intra-day trade on Wednesday, after a sharp decline in stocks like Jubilant FoodWorks, Power Finance Corporation and Rural Electrification Corporation. The index is at its lowest level since March 30, 2017.At 10:23 am; the Nifty Midcap 100 index that was trading at 17,166 levels, has underperformed the market, falling 7.2% from its all-time high closing level of 18,948 on May 16, 2017. By comparison, the Nifty 50 index has gained nearly 1% during the period."I think it is a normal unwinding by the investors. In every bull-run, the midcap index rises more than the S&P BSE Sensex and the Nifty50 indices, and falls sharply in case of a correction. Investors tend to invest in mid-and small-caps to make money faster and sooner than the large-caps and when the tide turns, the rush to exit is also fast. I don't think there is cause for concern yet," says Deepak Jasani, head of retail research at ..
Stock market swayed with mixed cues; Sensex rose about 500 points to end 2016 at 26,626.46 points
Interest rate sensitives are the obvious choice; smaller players with operational turnaround to see accelerated gains
60% of outperformers are trading above price targets; be cautious, say experts
BSE , NSE mid-cap indices hit all-time highs in intra-day deals
The rally in the mid-and-small caps now has to be backed by financial performance for the up move to sustain