Budget 2020

Stock market update: MidCap stocks fall; The New Indian Assurance tumbles 17%

NEW DELHI: MidCap stocks trading on a negative note at 02:52PM (IST) on Monday. Shares of The New India Assurance (down 16.8 per cent), Future Retail (down 5.85 per cent), NHPC (down 5.81 per cent), Godrej Properties (down 4.51 per cent) and LIC Housing Finance (down 3.83 per cent) were the top losers in the […]

Budget 2020

Stock market update: BSE MidCap index rises over 1%; Apollo Hospitals soars 12%

NEW DELHI: S&P BSE MidCap index were trading with gains at 02:08PM (IST) on Monday. Shares of Cholamandalam Investment & Finance (up 12.83 per cent), Apollo Hospitals Enterprises (up 11.89 per cent), Adani Transmissions (up 9.38 per cent), Adani Enterprises (up 8.54 per cent) and Mahindra & Mahindra Financial (up 6.2 per cent) were among […]

Budget 2020

Midcap going to be the most exciting space: Sundaram AMC’s Sunil Subramaniam

MUMBAI: India is in the middle of a new virtuous economic cycle, feels Sunil Subramaniam, managing director of Sundaram Asset Management Company, which bodes well for midcap and smallcap stocks in the market. Subramaniam, who was speaking at the virtually-held fourth edition of ETMarkets Global Summit, believes that India is in a “delicious position”, supported […]

News Headlines

Pharma, IT rally not over yet; there is more meat in midcaps: Analysts

By Sandeep Singh Domestic equity benchmark Nifty50 has recovered some 92 per cent from last year’s lows, when the imposition of a lockdown to curb the spread of the Covid pandemic in the country spooked investors. The recovery in the markets ever since has been driven by optimism around the development of Covid vaccines and […]

Budget 2020

Market Movers: Antony Waste makes premium debut, midcaps shine; 524 stocks hit upper circuit

MUMBAI: The year 2021 started on a positive note for the domestic equity market, with benchmark indices scaling fresh all-time highs amid a strong momentum in select index heavyweights. Meanwhile, Nifty ended above the psychologically-important 14,000-mark for the first time, but the trading range of 58 points was extremely narrow for the day. A decent […]

Budget 2020

Hunting for midcaps? Bet on these 3 sectors

Aman Chowhan, fund manager at Abakkus Asset Manager, suggests that good midcap stocks can be found in NBFCs, pharma and IT sectors. He says that some such stocks are trading at PE ratios of just 10-12 despite having debt-free balance sheets. Edited excerpts from an interview. Where are we headed from the current levels and […]

Budget 2020

Stock market update: MidCap stocks mixed; Adani Ent jumps 4%

NEW DELHI: MidCap stocks were trading on a mixed note at 01:20PM (IST) on Wednesday. Shares of Varroc Engineering (up 4.63 per cent), Adani Enterprises (up 3.69 per cent), Aditya Birla Capital Ltd (up 2.9 per cent), TVS Motor Company (up 2.78 per cent) and Divis Laboratories (up 2.31 per cent) were among the top […]