Smallcap

Selective small-cap stocks may rally up to 22 per cent in coming months, show technical charts

Small-cap schemes only ones to do better than their respective indices in 2022

If investors exit the market now, they could be left on the sidelines when a sustained recovery begins

Listing day gains come despite lukewarm response to IPO

Profit-booking comes to play, investors dump FMCG, pvt banking stocks

If the Nifty small-cap index manages to leap over the 200-day moving average (DMA), this would trigger a positive sentiment in most of the small-cap stocks

Markets faced many headwinds in the latter part of the last fiscal with the emergence of geopolitical tension, inflation concerns and FII selling.

Nifty Smallcap 100 index plunges 6%, extends YTD fall to 17%

Gains in some of the stocks in these two segments have been phenomenal. Shares of Brightcom Group, for instance, zoomed over 2,500 per cent in 2021

Unless there is not a volume-based selling, these stocks could jump as high as 27% in no time.

In the past one month, the S&P BSE SmallCap index has gained nearly 5 per cent, as against a 4.6 per cent rise in the S&P BSE MidCap index and 2.1 per cent rise in the S&P BSE Sensex

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

Nifty Smallcap 100 indices gaining 11.9% after rising over 20% in the preceding quarter

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

Amongst all our equity indices, the smallcap index has given the highest two-year SIP returns rising above 75 per cent

'Earnings racing off a cliff have some upside risk and low-interest rates will support relatively high valuations'

Hindustan Copper, Aarti Drugs, Dixon Technology, APL Apollo Tubes, Laurus Labs and Affle India, meanwhile, zoomed over 400 per cent during FY21

Nifty Mid and Small caps 100 are showing strong upside.

Apollo Tyres, Ceat, Can Fin Homes, GIC Housing and Gruh Financealso hit new highs

Manappuram Finance, Sunil Hitech, Delta Corp, Shalimar Paints and Century Textiles were down more than 30% each