Nifty Midcap

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

Nifty Midcap 100, Nifty Smallcap 100 struggle even as markets make new highs

ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts

There is strong support for Sensex at 58,000-59,000 and Nifty at 17,000-17,300

Right Horizon's Minerva India Underserved continued its dream run, gaining 13.1 per cent in August

For the first time since January, the three key indices representing the broader market - Nifty 500, Nifty Midcap 100, and Nifty Smallcap 100 - outperformed the benchmark Nifty 50 index

But look at quality of management, and another one unique to this crisis is finding businesses which will emerge stronger

Expect broader markets to bottom out, with valuations capping further downside

The Nifty Midcap closed 5 per cent lower, while the Nifty Smallcap fell about 11 per cent.

The Nifty Midcaps 150 is down by 6.05% and the Nifty Smallcaps 250 is down by 6.5%

Biocon, Indraprastha Gas, Natco Pharma, Sun TV and Vakrangee hit record highs.