Page 12 - Nifty Microcap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Except for pharma and healthcare indices, all sectors were also trading in green in the opening session.

By 10.30 am, Sensex was trading 638.48 points, or 0.98 per cent higher at 66,032.38, while broader NSE Nifty50 climbed 175.15 points, or, 0.9 per cent to trade at 19,559.45.

Motilal Oswal Nifty Microcap 250 Index Fund, which mimics Nifty Microcap 250 Index, is designed to measure the performance of the top 250 companies, excluding those already present in the Nifty 500 constituents.

Notwithstanding the risk involved, analysts are upbeat on micro-cap investing as India remains in a firm bull market. Moreover, these stocks are available at relatively cheaper valuations compared to large, mid and small caps, assuring alpha returns. With a market-capitalisation (market-cap) of up to Rs 10,000 crore, micro-cap stocks are outside the purview of Nifty 500 stocks, and are ranked from 501 to 750 in the market-cap ladder.

The brokerage recommended a handful of stocks in the microcap universe such as Wonderla Holidays, Somany Ceramics, Greenpanel, Sansera Engineering, Fusion Micro Finance, Repco Home Finance, Nazara Tech, Tatva Chintan, Astra Microwave, Kewal Kiran and Gokaldas Exports.