The midcap index hit a record high of 18,363 in the intra-day trade, surpassing its previous high of 18,321, touched on January 9, 2018
Market players said several stocks in the boarder markets were trading at attractive valuations
Aditya Birla Capital, Kansai Nerolac, Vodafone Idea, Adani Transmission and Hindustan Aeronautics were up 2% to 5% on the BSE in Muhurat trading on Saturday evening.
Retail buyers push Nifty Smallcap up 8% in August; mid-caps jump 6% against a 2% rise in large-caps
Amara Raja Batteries, MRF, Page Industries, Tata Chemicals, Torrent Power and Voltas touched 52-week highs today.
The next time you invest with a fund house do inquire if the portfolio manager has skin in the game
Shreyash Devalkar of Axis Mutual Fund was able to deliver enviable returns by moving away from the herd even as mid- and small-caps struggled
Farm inputs such as fertilisers and pesticides are essential to the agriculture ecosystem and farmers' income, which govt wants to double by 2022
Total flows into MFs up 13% to Rs 9,152 crore; Small-cap funds see 56% surge
Midcaps stocks have under-performed their large-cap peers so far in calendar year 2018 (CY18)
Indiabulls Ventures, Firstsource Solutions, NIIT Technologies, V-Mart Retail and MindTree gained 61 per cent to 84 per cent and were the top performers among the BSE 500 pack.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Page Industries, Shriram Transport Finance Corporation, Sun TV Network and TVS Motor Company from the midcap index hit their respective record highs.
Wockhdart, M&M Financial Services, Tata Communications, Tata Global Beverages, Dalmia Bharat, Natco Pharma and ABB India were up in the range of 3% to 6% on the BSE.
BSE Midcap index hit a new high of 15,265, up 1%, surpasses previous high of 15,248 hit on July 17