Key Points
After three consecutive months of gains, the BSE Smallcap index is witnessing a strong sell-off in February..
The BSE Smallcap index is down over 3 per cent in February so far while the benchmark Sensex is down about 0.3 per cent..
Some 16 components of the BSE Smallcap index have fallen over 20 per cent while as many as 195 components have declined over 10 per cent in the smallcap index. . . . View Full Image..
Some experts point out that the trends of the last few years show that the smallcap index sees a rebound in March after a sell-off in February..
If we back history to repeat, then Februarys dips would be good to go on an accumulation drive as March ended in green in all the years in the last five years, except for 2020," said James. . Rupak De, Senior Technical Analyst at LKP Securities observed that on the weekly timeframe, a spinning top pattern has emerged, indicating a potential bearish reversal in the short term..
You might be interested in
Midcap index hits all-time high, smallcap index at fresh 52-week high in early trade
02, Jun, 23BSE Midcap index hits fresh all-time high and BSE Smallcap index hits its fresh 52-week high, boosted by strong macroeconomic numbers and positive global cues. The benchmark index BSE Sensex also witnessed gains, rising nearly 300 points in early trade.
Up nearly 20%, these smallcap stocks score double-digit growth as broader indices continue to outperform; do you own?
05, Aug, 23The BSE SmallCap index rose 1.5 percent supported by Digispice Technologies, MPS, Optiemus Infracom, HCL Infosystems, Udaipur Cement Works, among others.
Surprise bear attack on stock market: BSE Sensex crash leaves investors poorer by Rs 8.91 lakh crore in a day
20, Dec, 23India Business News: Stock market crash today: The market capitalization of BSE-listed companies decreased by Rs 8,91,729.43 crore to Rs 3,50,19,998.87 crore. Widespread s
Midcaps trump smallcaps in 2024 as investors seek valuation comfort in an overheated race. What lies ahead
20, Feb, 24If we look at the last five years, only once has this happened in 2022, where midcap stocks (1.38% returns) outshined the smallcap peers (-1.38%). Taking a slightly wider view, the midcap index has outperformed the smaller index (in terms of market cap) in six out of the last 10 years (including 2024).