Nifty Midcap 50

Lays more emphasis on 'free-float' mcap as selection criteria for small and midcap index

Here's why Ravi Nathani, an independent technical analyst, recommends to book profit in Nifty Midcap 50 and Smallcap 100 indexes.

The Bajaj Allianz Life Mid Cap Index Fund is designed to tap into the Nifty Midcap 150 Index's high-growth potential

According to Ravi Nathani, an independent technical analyst, Nifty Midcap 50 seenms trapped in the 11,800 - 11,275 range for now.

According to Ravi Nathani, an independent technical analyst, the Nifty Midcap 50 Index may consolidate in a range of 8,800 - 8,736.

The technical analyst recommends traders to employ a "sell on the rise" strategy when trading Nifty Commodities, given that its short-term pattern appears to be trading within a range of 5,600-5,400

The short-term bias for Nifty Midcap 50 index is likely to remain negative as long as the index remains below 8,786.

According to the technical analyst, traders must adopt 'buy-on-dips' strategy for Nifty Energy, Nifty Commodities, and Nifty MidCap 50 indices

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

India Index Services & Products, which maintains Nifty indices, said that the changes would become effective from November 15, 2016