Nifty Midcap 100

Nifty SmallCap 100 index plunged as much as 1.95 per cent to an intraday low of 15,201.75, while Nifty MidCap 100 index slipped 1.60 per cent to an intraday low of 48,403

IT, pharma, cement, and other sectors look attractive to analysts with no pre-budget rally in picture

Investors who bought the dip since 2022 have reaped bigger returns from sharper rebounds

The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations

Stock market today: The Nifty MidCap100 index and the Nifty SmallCap100 index have declined 8.8 per cent and 6.9 per cent, respectively, from their respective all-time highs

Nifty Midcap 100 slipped below the 59,000 mark, meanwhile, Nifty SmallCap 100 declined below 19,100

The Nifty 50 Index, currently trading at 22,055.20, has recently undergone a sharp correction, leading to oversold conditions on near-term charts

Nuvama Institutional Equities, in report based on technical analysis, expects the Nifty MidCap to turn bullish above 48,100 and SmallCap above 15,400 levels.

India has been substituting expensive crude oil with cheaper imports. This has helped keep inflation-related concerns triggered by rising oil prices at bay

According to the technical analyst, traders must adopt 'sell-on-rise' strategy for Nifty Pharma, Nifty Energy, and Nifty Midcap 100 indices

The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart

Average AUM rises 2%, against a 20% increase in full-year FY22

Out of the 100 stocks in the Nifty Mid-cap 100 index, only 12 are trading in the overbought category of Relative Strength Index

Retail buyers push Nifty Smallcap up 8% in August; mid-caps jump 6% against a 2% rise in large-caps

Investors are increasingly getting risk averse preferring larger companies to ride out the volatility

Bajaj Finserv, GSFC, Balkrishna Inds, Finolex Inds, Minda Inds and Tata Metaliks hits new high.