Despite mad rally in smallcaps, value of these 5 stocks more than halved in 2023
About 146 stocks have given negative returns on a year-to-date basis in the smallcap segment, of which, around 97 stocks have seen a double-digit fall.
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About 146 stocks have given negative returns on a year-to-date basis in the smallcap segment, of which, around 97 stocks have seen a double-digit fall.
Top Gainers and Losers Today : The Sensex gained 358.79 points, or 0.51, to settle at 70506.31, while the Nifty gained 104.9 points, or 0.5, to close at 21150.15.
Stocks to watch: Shares of firms like SBI, Bata India, PB Fintech, ZEE, Sun Pharma, Lupin, and others will be in focus on Monday's trade.
While premium brands are doing well in apparel, the growth in shoes is very steep and has great future potential, said Lacoste India managing director Rajesh Jain. "Sales of sports shoes and sneakers have picked up in line with the increase in demand for casual fashion. It's a global phenomenon, where most people want comfort after Covid. It's also no longer taboo to wear casual shoes or sneakers in offices, or with suits," he said.
Based on the OI percentage, 62 stocks were on the short-covering list. These include SAIL, Hindustan Copper, GMR Airports Infrastructure, Hero MotoCorp, and L&T Finance Holdings.