Disproportionate rally- Mid, smallcap stocks lag largecaps in last 3 months
时间:2024-06-26 06:53:44 阅读(143)
Mid and smallcap shares have lagged large-caps in the last three months. The Nifty Midcap index returned 1.8% in the period under review while the Nifty Smallcap index was up 3.7% during this period. In comparison, the Nifty 50 returned 5.6%.The latest rally in the markets is driven by FPIs, which typically concentrate on the top 100 stocks. This has resulted in a disproportionate rally in the largecap names.
FPIs purchased stocks worth $4.4 billion in November after offloading stocks worth $900 million in the previous two months. The recent recovery in inflows is driven by expectations that the US Federal Reserve would slow its pace of interest rate hikes.
上一篇:LTIMindtree introduces Canvas CloudXperienz
下一篇:ZEEL, HDFC Bank, Axis Bank, Jindal Steel, Sanofi India, Titan stocks in focus
猜你喜欢
- Market share of 4 public sector general insurers falls to 37
- Markets continue to rally on dovish Fed
- Market Outlook- Nifty, Sensex end lower amid profit-booking; traders eye US, India CPI inflation data for cues
- Manyavar-owner Vedant Fashions up 25% from IPO price in less than 4 months; this brokerage sees 12% upside
- Tata Steel, Bajaj Finserv, Adani Ports, Mindspace REIT, Rail Vikas Nigam, Hero MotoCorp stocks in focus
- Tamilnad Mercantile Bank IPO fully subscribed
- ONGC seeks partners to cut gas flaring, zero methane emission by 2030
- Long queues at petrol pumps as truckers’ protest against hit-and-run law affects supply
- Tata Tech opens for subscription, GMP up 71%; should you subscribe to the issue-