In a steep fall from the previous week, the number of smallcap stocks that offered double-digit returns this week were only 24. Last week, as many as 400 smallcaps rose in double-digits. The market sentiments worsened as the week went on as investors’ hopes for a June rate cut were dashed by higher-than-expected inflation in … Read more
MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more
Smallcap indices are set to wipe out recent losses sparked by market regulator Securities and Exchange Board of India’s (Sebi) warnings of froth in the broader markets, as investors remained bullish on this segment last month. A nine-day rally in the Nifty Smallcap 250 index has put it on track to reclaim the level last … Read more
MUMBAI: Undoubtedly, the current financial year has been a remarkable one for the little ninjas of Dalal Street – smallcap stocks – as we saw as many as 181 of them turning multibaggers. What’s worth noting is that more than 100 of these smallcap stocks went through a bad phase in the preceding financial year. … Read more
Investors in multiple smallcap and penny stocks, in which entities involved in the multi-crore Mahadev Online Book illegal betting application scam held a stake, have lost up to 37% this month. While Dubai-based alleged hawala operator Hari Shankar Tibrewala and related entities owned more than 30 listed stocks, at least 6 of them have been … Read more
Stock market returns are typically lumpy as prices do not move in a straight line but at least seven smallcap stocks have given double-digit returns in each of the last 5 months. Over the past five months, the benchmark index Sensex has witnessed an impressive surge of more than 12%, setting the stage for robust … Read more
Jason Zweig quoted in his book The Intelligent Investor…The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The Intelligent Investor is the one who knows when to take risks and buy shares when there is pessimism…and avoid risk and sell … Read more
Mukesh Ambani-led Reliance Industries (RIL) is currently sitting on a Rs 90 crore loss in a smallcap firm and a prominent player in film and television production Balaji Telefilms. In July 2017, RIL made an investment of Rs 413.28 crore in Ekta Kapoor-backed Balaji Telefilms. The conglomerate purchased 25.2 million equity shares at Rs 164 … Read more
India’s markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to two sources with direct knowledge of the matter. Such funds have seen heavy inflows over the past year, pushing up the prices of … Read more
Sun Pharmaceutical Industries. Share Price 1335.75 04:03 PM | 18 Jan 2024 36.75(2.83%) Cipla. Share Price 1322.95 04:03 PM | 18 Jan 2024 28.96(2.24%) Tech Mahindra. Share Price 1355.15 04:03 PM | 18 Jan 2024 28.41(2.15%) Tata Motors. Share Price 819.05 04:03 PM | 18 Jan 2024 13.50(1.68%) Axis Bank. Share Price 1097.50 04:03 PM … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25439223/KPA_TP3_00087206.jpeg)
