A day to forget for small-caps as markets plunge

A day to forget for small-caps as markets plunge

Indian equities plunged on Wednesday in the backdrop of regulatory alerts and valuation concerns, with smaller stocks bruised the most. Indian equities plunged on Wednesday in the backdrop of regulatory alerts and valuation concerns, with smaller stocks bruised the most. The Nifty 50 fell 1.5% to 21,997.70 points, while the S&P BSE Sensex fell 1.2% …

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ICICI Pru AMC suspends lumpsum investments in its midcap and smallcap funds

ICICI Pru AMC suspends lumpsum investments in its midcap and smallcap funds

New Delhi: ICICI Prudential Asset Management Company has suspended fresh subscriptions through lumpsum mode and switches into ICICI Prudential Smallcap Fund and ICICI Prudential Midcap Fund effective 14 March. The move by ICICI Prudential AMC is in response to heavy flows in the midcap and smallcap categories, resulting in these outperforming largecap stocks and stretching …

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Diwali 2023 Picks: Nirmal Bang suggests these 10 stocks from large, mid and smallcap segments to buy for Samvat 2080

Diwali 2023 Picks: Nirmal Bang suggests these 10 stocks from large, mid and smallcap segments to buy for Samvat 2080

Despite facing formidable challenges such as sticky inflation, elevated interest rates, and geopolitical tensions, the benchmark Nifty 50 managed to conclude Samvat 2079 with healthy gains, showcasing resilience in the market. Nifty 50 has gained almost 10 per cent from Diwali 2022 and its outlook, as per experts, is bright from Diwali 2023 to Diwali …

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