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Indias equity benchmarks notched up fresh highs on Friday with gains in automobile and technology stocks helping the market maintain its winning momentum. But the upsides were measured as a selloff in mid-cap and small-cap stocks earlier this week resulted in market participants toning down their optimism.
Currently, around 452 or 90 percent firms in Nifty 500, around 95 in Nifty Midcap 100 and 90 in Nifty Smallcap 100 are trading above the 200 DMA. Analysts say this indicates that they are potentially nearing an overbought zone
New Delhi, The market capitalisation of BSE-listed firms climbed to a fresh all-time peak of Rs 319.10 lakh crore on Thursday, driven by an optimistic trend
Several BSE500, midcap, and smallcap stocks gained 15 to 50 percent in August. Increased investment by DIIs and strong quarterly performance of these companies are among the factors that boosted investor confidence, say analysts
Nifty Smallcap and Midcap indices have managed to register fresh all-time highs on closing basis, Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, said on Tuesday.Breadth of the market is very strong as more than 83 per cent of ...