Small and midcap stocks rally up to 44% in one week amid existing market weakness
Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the…
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Midcap stocks drop 10% from highs, head for correction as growth outlook sours
A blistering rally in mid-cap stocks is on course to enter correction territory, as investors become increasingly concerned over slowing earnings growth and elevated valuations. The Nifty Midcap 100 tumbled as much as 2.9% Friday, extending its drop from recent high to more than 10% — the parameter for a so-called technical correction. Heavy selling…
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Midcaps blinking red. It’s time to go back to bluechip stocks
The Nifty Midcap 100 Index has recently hit an unprecedented high of 60,400 driven more by market forces than by robust corporate fundamentals. Currently, the index trades at a Price-to-Earnings (P/E) ratio above 44 — the highest level since the post-pandemic surge in midcap stocks. This P/E multiple is significantly above its 5-year and 10-year…
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Moneymakers! Lupin among 7 small and midcap stock bets with up to 31% upside scope – Money-making ideas
Indian Railway Finance Corporation Share Price 176.02 03:59 PM | 4 Sep 2024 -2.44(-1.37%) One97 Communications Share Price 613.9 03:59 PM | 4 Sep 2024 18.3(3.08%) YES Bank Share Price 23.49 03:59 PM | 4 Sep 2024 -0.23(-0.93%) ITC Share Price 506.35 03:59 PM | 4 Sep 2024 -3.05(-0.6%) HDFC Bank Share Price 1641.8 03:59…
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midcap stocks: For long-term investors with medium risk appetite: 6 midcap stocks from different sectors with upside potential of up to 49%
Synopsis If looking for investing in a mid-cap, which would be a better stock to own. A stock which after a period of four years has once again paid dividend last year or a stock which in the last five years have missed dividend only in FY 2020, which was covid year. Yes, second one,…
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midcap stocks to buy: Ignoring mid-caps is not an option, and being selective is a necessity: 6 stocks from different sectors with an upside potential of up to 38 %
Synopsis A recent report suggested that for the first time, the AUM of Midcap mutual fund schemes have gone above the AUM of large cap mutual fund schemes. There are two ways to look and interpret this. First, that too much money has gone into mid-cap mutual funds and it is time to be cautious….
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midcap stocks to buy: Volatile markets & volatile business are two different things: 5 mid-cap stocks from different sectors with upside potential of up to 42%
Synopsis However rational one might be, a new flash which shows Japanese indices, Nikkei down by 11% and Taiwanese indices down by 8% is bound to make you look at your portfolio value and get jittery. When one sees that value in red, two things may happen. First the urge to buy stock because you…
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midcap stocks to buy: Volatility is a part of market, focus on underlying business & management for wealth creation: 5 midcap stocks which fit the bill
Synopsis Given the way global markets have panned out and how the geopolitical developments are shaping up, one cannot rule out the probability that for some more trading sessions the market might stay in a volatile mode. Now there are two things one can do in this volatile market, either worry and make assumptions and…
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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 42%
Synopsis While bulls were a confident lot after the election results, with every trading session they are once again moving to take control of every corner of the street. How the market reacted to the increase in capital gain taxes was the first indication and probably Friday’s session is another strong confirmation. There are good…
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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28%
Synopsis Last Friday might be an exception but for the last few weeks, everything on the street appears good and green. When it happens, there is a case of being selective. The reason, even in a raging bull market, the street never stays in this all good and green mode forever. The street does get…
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