Mid Cap

Mcap of eight of top-10 most valued firms erode by Rs 2 trn; TCS, LIC drop

The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to

As Sensex soars, mcap of BSE-listed companies hit record high of Rs 429 trn

The market capitalisation of BSE-listed companies hit a record high of Rs 429.32 lakh crore on Wednesday as the BSE benchmark Sensex ended higher amid a largely positive trend in global equities. The 30-share BSE Sensex climbed 149.98 points or 0.20 per cent to settle at 76,606.57. During the day, it jumped 593.94 points or 0.77 per cent to 77,050.53. The BSE benchmark is just 28.51 points away from breaching its previous lifetime peak of 77,079.04. The market capitalisation of BSE-listed firms stood at Rs 4,29,32,991.65 crore (USD 5.14 trillion) -- its lifetime high. The Sensex was on the back foot for the past two trading sessions. Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Hindustan Unilever, Mahindra & Mahindra, Infosys and Titan were among the laggards. In Asian markets, Seoul and ..

For mix of stability and growth, invest in large and midcap funds

Investors overweight on small- and mid-cap funds may consider booking profits there and allocating to these funds

Blue-chips rise on financials boost; small, mid-caps hit fresh highs

The Nifty 50 index settled 0.25% higher at 19,444, while the S&P BSE Sensex gained 0.33% to 65,433.30

Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder

Binance CEO Changpeng Zhao recently announced that the largest crypto exchange in the world will start Merkle-tree proof of reserve soon

Don't let exposure to mid and small-cap funds exceed 30%: Experts

They will outperform if GDP, earnings growth sustain, but global risks pose threat

Resilient markets, positive FPI flows lift market volume in August

If domestic indicators are remedying, don't sweat the external factors, say analysts

Applying quality filter in the mid-cap space can reduce downside risk

A quality strategy can reduce risk in the mid-cap universe of 150 stocks

Enter gradually, raise exposure once funds have developed track record

HSBC-backed B2B digital platform Serai looks to broaden India play

HSBC-backed firm says it has been able to catch the eye of some mid-cap firms as well

Our hiring strategy is focused on spotting curious minds: LTI chief

In a Q&A, Sanjay Jalona, CEO and MD, LTI (earlier L&T Infotech), talks about the growth momentum, the Shoshin approach to hiring and talent development and acquisitions

Mid-cap stocks on a tear but beware of valuations, say analysts

BSE MidCap has doubled in value since the end of March 2020, against a 70% rally in Sensex

Mid-caps worst hit as analysts see 24% dip in Q1FY20 PAT for India Inc

A lockdown to contain the pandemic is now eased, but companies are still struggling to get back on their feet. Puneet Wadhwa explains what to expect from companies in terms of revenue

Essel Large Cap to Quant Mid Cap: Here're funds that beat their benchmarks

The stock market may have turned around, but schemes didn't do remarkably well

Steep fall in Indian equities dashes the hopes of mid-, small-cap recovery

Many brokerages and fund houses were expecting a more broad-based rally this year, after acute polarisation in the markets over the past two years

Mid-, small-cap indices beat Nifty50 despite poorer earnings show

Market players say while the earnings report card of the broader universe for the last quarter was disappointing, investors are trying to factor in a revival in earnings.

Sebi likely to widen mid-cap investable universe for MFs by 150 companies

Further, the large-cap universe could get expanded by 25 stocks, taking the total available to 125

Sensex at all-time high, but real returns across asset classes just over 2%

In contrast, the previous decade (2000-2009) saw double digit nominal returns for stocks and gold while average inflation was at 5.55 per cent

From ACC to L&T Finance, mid-cap shares may be in line for a comeback

India's economy is forecast to slow further to 6 per cent growth this year, following a deceleration in 2018, according to economists surveyed by Bloomberg

Mid-cap information technology firms outshine larger peers with 25%

Mid-cap IT firms outshine larger peers led by L&T Infotech, KPIT Technologies stocks