Among sectors, the BSE realty index added 10 percent, the telecom index 5.3 percent and the oil & gas index gained 3.6 percent but the auto index closed nearly a percent lower
While it is a well known fact that small caps as a segment are more prone to risks of sharp decline. However, the reality is that when small caps are doing well, all the caution is thrown out of the window. The reason is, small gains also tend to gain very sharply in a short period of time and that is what makes them attractive to investors. Given the valuations, at this point of time, it would be logical 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 headwinds ahead.ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Cello World IPO to open, TVS Motor, Marico Q2 earnings in Top News on October 30: Stock markets, Bank Nifty, Crude oil, outlook, new Mac launches expected at Apple’s ‘Scary Fast’ event also in focus.