#nifty smallcap

Sensex gains 50 points ahead of Fed outcome; Nifty nears 11,550

NEW DELHI: Domestic indices opened with marginal gains on Wednesday ahead of the US Federal Reserve’s policy meet outcome later in the day. Tensions along the India-China border, however, weighed on sentiments.

The Fed meeting comes as US lawmakers remain at an impasse over a new stimulus package amid lingering concerns about the recovery of the world’s largest economy from the coronavirus…

Small caps rise after SEBI tweaks Multicap MF norms, but rally may not last long

SEBI’s recent circular dictating the asset allocation framework for multi-cap funds has fired up small stocks. The Nifty Small-Cap 100 index soared 5.4% in trade on Monday, and is now just about 6% shy of its pre-covid highs. Valuations, in fact, have soared above pre-covid levels, as many stocks may take a long time to return back to the profitability levels seen before the pandemic.

Analy…

Smallcaps rise after Sebi tweaks multicap MF norms, but rally may not last long

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Sebi’s recent circular tweaking asset allocation framework for multicap mutual funds has fired up small stocks. The Nifty Small-Cap 100 index soared 5.2% in trade on Monday, just about 8% shy of its pre-covid highs. Analysts say that this is a sentiment boost that will lift stocks only in the short run. But as valuations have soared above pre-covid levels and many of the stocks may take…

Strong Q1 results, stimulus hopes drive Sensex 225 points higher; VIX falls for 6th day

NEW DELHI: Supported by better-than-expected quarterly earnings, hopes of a US stimulus package and signs of de-escalation in tensions between the world’s two biggest economies, domestic equity indices edged higher on Tuesday even as the Covid-19 cases continued to rise unabated.

India Inc has surprised the Street with their earnings performance for the pandemic hit quarter, led especially by…