Indian markets have corrected over 10% from their late-September highs, and while there are mixed opinions on the likelihood of a rebound, a select few small-cap stocks have defied the negative trend, delivering impressive returns to investors over the past two months. Around 29 stocks in the smallcap space gained 25% or more at a…
READ MOREDomestic markets are in a correction phase with benchmark indices, Nifty and Sensex, falling around 10% from the peak. The weakness in second quarter results and sustained outflow of foreign funds weighed on the sentiments. During the week, as many as 103 smallcap stocks have delivered double-digit negative weekly returns with four of them falling…
READ MOREIndian stock market continued to experience consolidation due to heightened selling pressure from foreign investors, driven by concerns over weak corporate earnings and premium valuations. But, bucking the downturn, about 37 smallcap stocks delivered double-digit weekly returns during the week, with three of them offering over 25% returns. JSW Holdings was the top gainer in…
READ MOREAmid 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…
READ MOREIndian stock markets which are closed for normal trading on Friday on account of Diwali holiday, will open for Muhurat Trading, later today. Stock exchanges NSE and BSE will conduct their annual Diwali Muhurat trading session from 6 pm to 7 pm, marking the beginning of the Hindu calendar year Samvat 2081. While the Samvat…
READ MOREThe tide is turning against Indiaβs smaller companies as weak earnings and a souring economic outlook spur a downturn in their shares. Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10% peak-to-trough decline. The Nifty Midcap 100 Index is heading…
READ MORETensions in the middle east and FII outflows hit Indian markets hard as indices corrected over 4% during the week. The decline was broad-based with sectors like auto, banks, infra, and energy witnessing heavy selling pressure. The bearish sentiments in the market resulted in the sharp fall of smallcap stocks as only 14 stocks delivered…
READ MOREIndian Railway Finance Corporation Share Price 156.81 04:00 PM | 27 Sep 2024 -0.04(-0.03%) Suzlon Energy Share Price 81.09 04:00 PM | 27 Sep 2024 -0.75(-0.92%) Indian Renewable Energy Development Agency Share Price 232.19 04:00 PM | 27 Sep 2024 7.69(3.43%) Tata Motors Share Price 993.0 04:00 PM | 27 Sep 2024 -0.15(-0.02%) YES Bank…
READ MOREIndian equity markets cheered the 50 bps rate cut by the US Fed as the indices scaled to record highs. The apprehension of a slowdown in growth was eased slightly after the lower-than-expected US jobless claims. Despite overall bullish sentiments, the rally failed to completely trickle down to the broader markets as the number of…
READ MOREShares of smallcap firm Zaggle Prepaid Ocean Services, backed by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, hitting a 52-week high of Rs 420. The rally followed the companyβs announcement of a partnership with HDFC Ergo General Insurance Company. In an exchange filing on Monday, Zaggle stated,…
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