Stay updated with breaking news from Hariom pipe. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Amidst a sideways journey of Sensex, Nifty Smallcap Index is up almost 20% in the last 3 months and at least 18 smallcap stocks have made investors richer by delivering multibagger returns. If the BSE Smallcap index closes this week on a positive note, then this will be the longest gaining streak in its history. The quarterly results season in the smallcap space was better in Q4FY23 due to fall in input and interest costs and pickup in demand. Other factors behind the gold rush in smallcaps include: catching up with largecaps, optimism surrounding the March quarter earnings, and continued support from domestic investors, particularly through mutual funds. ....
Pre-listing shareholders' lock-in will open for 33 companies in April-July, creating further volatility, while IPO fund raising almost halved to Rs 52,116 crore in FY23 ....
After the dull 2022, 2023 is expected to bring the shine and positivity back to market trading. Adding to this are a few market trends, that are estimated towards the new stock chapter, , stock market, inflation rate, trends, 2023, indian stock market, latest updates ....
Top Gainers and Losers of the day (November 25): Reliance Industries, Wipro, Tech Mahindra, Axis Bank, IndusInd Bank, Maruti, Tata Steel, Nestle, Kotak Mahindra Bank, ICICI Bank and more ....