Midcap

Analysts remain cautious on mid-and-smallcap segments and suggest earnings need to catch up before the stocks start to recover

Price band set at Rs 197-207 a share; retail portion sold 8.7x

Total assets under management in the open-ended equity fund space on December 2021 were Rs 13.33 trillion, up almost 47% over the year-ago period

Stock market LIVE: Broader markets end mixed; BSE Midcap falls 0.11 per cent and Smallcap index rises 0.48 per cent

The benchmark indices managed to eke out gains, amid buying in index heavyweight RIL, bank and auto stocks

Tips by Angel Broking on investing in mid cap stocks

Higher growth opportunities were a prime valuation driver for midcaps

Divis Lab, Piramal Enterprises, UPL and YES Bank are the midcap stocks that hit their respective record highs on BSE.

HPCL, YES Bank, Ajanta Pharma, Biocon, Havells India, Indraprastha Gas and SRF hit lifetime highs in intra-day.

Analysts advice caution as valuation premium to Nifty soars to 13 year high

Bajaj Finance, Bajaj Finserv, HPCL, JSW Steel, YES Bank, Kansai Nerolac, M&M Financial and Petronet LNG from the BSE midcap index hit their respective record highs.

BSE Midcap index registered 15% gain post Union Budget