Shares of Aegis Logistics, JK Lakshmic Cement, Mastek, Deepak Fertlisers and Karur Vysya Bank are looking weak on the technical charts; hence may witness a downward trend in the near-term.
This week worst for Smids since Covid fall
Analysts expect this painful phase for the small-cap stocks to continue for some more time, at least till the corporate earnings start to show signs of improvement.
The uptick in the RailTel share price came after the company announced that it has secured multiple orders of Rs 221 crore
For the first time in 23 years, Nifty has declined for four consecutive months
Average smallcap exposure beyond top 500 stocks rises to 31% from 22% in three years
The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing about 3.5 per cent early in Tuesday's session after a similar drop the previous day
10 big funds need 37 days to sell 50% of portfolio, up from 29 days in Feb '24
Goldiam International has rallied 9% to Rs 569.50 in intraday trade, zooming 82% in 2 months and PGIL has surged 6% to Rs 1,718.05 in intraday trade, soared 71% in two months.
The best of Business Standard's opinion pieces for today, curated for you
The two key market indices, the Nifty 50 and Sensex, peaked on September 27 and are down 11 per cent now
The recently listed shares of Nisus Finance Services hit their new life time high at Rs 381.15 a piece on the BSE in Thursday's intraday trade
Small and midcap segments show signs of bubble-like valuation and other segments are more reasonable, they said while discussing 'Is the Market in a Bubble Zone?'
Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggests technical charts. Track key support and resistance levels here.
The stock hit per cent upper circuit for the second consecutive day after the company bagged an order worth Rs 2,041.4 crore
Genesys International continued its upward movement for the fourth straight day, hitting a new high of Rs 924.80, and gaining 5 per cent on the BSE in Wednesday's intra-day deal.
The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations
Stock market today: The Nifty MidCap100 index and the Nifty SmallCap100 index have declined 8.8 per cent and 6.9 per cent, respectively, from their respective all-time highs
Midcap Index, SmallCap index: The mid- and small-cap indices on the NSE back home have gained 25.7 per cent and 26.7 per cent, respectively in CY24
The BSE SmallCap index, the top loser among broader market indices, slipped 1,261 points or 2.3 per cent at 54,387, at 10:30 AM