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Several midcap stocks achieved significant milestones by reaching new 52-week highs on October 13, reflecting positive market sentiment and the growth potential of these companies.

October 13, 2023, stands as a remarkable day when midcap and smallcap stocks demonstrated their strength and potential, reaffirming their role as valuable contributors to the dynamic landscape of the stock market.

Several midcap stocks achieved unprecedented milestones by reaching new 52-week highs on October 12.

After out performing emerging markets, Indian markets have become an inline performer with other emerging markets for the last three weeks. This is due to sharper correction which both nifty and sensex have witnessed. Now because this correction is coming at a time when the global situation is not so good, both in terms of interest rate and also higher geopolitical risks, it would be better that “caution” should be added when decisions are taken about investing. ET screener powered b...

​The state-owned lenders, with NTPC Ltd as the technical partner, had earlier given expression of interest for the 1,800 MW coal-based power project in the Champa district of Chhattisgarh along with companies like Vedanta Ltd, Adani Power Ltd, and Jindal Power Ltd. While the PFC-REC duo had submitted its bid for the project, it was later clarified that they needed DIPAMs approval to participate in the resolution process, three people in the know said.

After refusing to leave the party when nifty and senex corrected for the last two months, small cap stocks witnessed correction in the last three weeks. One trend which has appeared is that on the day when the small index is down, the breadth of the whole segment is extremely weak. It is an indication that investors should put more checks and balances while navigating the small cap space. Also beware of rude shocks which this segment of the market may witness given the fact there are more headwi...

The power will remain a great story and I think now that the government has realised that renewable power can only do so much, finally there is legitimacy to old thermal power companies and that is what has seen the re-rating whether it is NTPC, whether it is this thing that finally the government of the day is saying I am going to encourage thermal power.

After 6 months of relentless rally, mid-cap stocks witnessed some correction in the last three to four weeks. Will this correction last longer would depend on a couple of things. First earnings in this space and second foreign institutional investor ( FII) flows over the next two months and third is state elections results. At this point of time analysts are bullish on select midcap stocks, ones which have seen their score improving. Stocks from sugar, infrastructure and engineering are on the l...

India Business News: The Reserve Bank said that starting October 2024, the strict supervisory norms under the Prompt Corrective Action (PCA) Framework will apply to govern

The Reserve Bank of India (RBI) has announced that government-owned non-banking financial companies (NBFCs) will be subject to the strict supervisory norms of the Prompt Corrective Action (PCA) Framework starting from October 2024. This framework includes restrictions on dividend distribution and profit remittance, requirements for equity infusion by promoters/shareholders, leverage reduction, and limitations on issuing guarantees or taking on contingent liabilities for group companies.