Are mid and smallcap stocks in a bubble?
Since March last year, BSE Midcap and BSE Smallcap indices have jumped 134% and 192% respectively, outpacing 110% gains in Sensex and 114% in Nifty. In 2021 so far, BSE Midcap has surged 26% while BSE Smallcap has risen 43% whereas Sensex has climbed 14% and Nifty 16%
BSE measures can't trigger deep correction; this market has legs
But typically, such a momentum-driven surge is a signal to exercise caution as valuations have moved ahead of their fundamentals. At this point, any news flow could have triggered the selloff and, hence, the friction in midcaps and smallcaps mid-week. However, this was just a pause and the rally should continue for some more time.
Market Movers: Dip buyers line up for broader market stocks; VIP soars
Post the clarification by the BSE on Wednesday over its new surveillance rules, dip buyers, who were sitting on the fence for a correction, lined up to buy shares of midcap and smallcap companies that had seen hefty correction over the past week.
Additional trading curbs on cos with m-cap of Rs 1000 cr, clarifies BSE
Experts say the impact of the circular less than feared earlier
BSE's India INX to allow trading in foreign stocks
It has proposed to offer stocks from the US, Canada, the UK, Europe, Australia, and Japan, covering about 80 per cent of the investing universe, the BSE-owned India INX said in a statement.
BSE mid, small-cap indices hit record highs last week; these 14 BSE 500 stocks rise 10-18%
The BSE Midcap index touched a fresh record high of 23478.8 on August 4 and ended the week with a 0.5 percent gain, while the BSE Smallcap index also touched a fresh record high of 27323.18 on August 4 but ended flat for the week.
Vi share price reversal surprises brokers
Over 220 crore shares on NSE and over 51 crore on BSE were traded on Thursday
Mcap of BSE-listed companies surge to record high of 240 lakh crore
Rallying for the second consecutive day on Tuesday, the 30-share BSE index closed at a fresh closing peak of 53,823.36 points, a jump of 872.73 points or 1.65 per cent. During the day, it zoomed 937.35 points to 53,887.98 points
LIC Housing awaits bourses' nod for Rs 2,334-cr preferential issue
BSE and NSE sought clarifications on why the valuation report of a registered value had not been considered while determining the price of such shares on allotment to LIC
Mobile trading leads to more people inclusion in markets: BSE chief
The number of people in financial markets has been growing, especially due to mobile trading, BSE Chairman Ashishkumar Chauhan said on Thursday