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