If tickets were sold to witness the thrilling market week that had gone by, sales would have been made in abundance. The week started with the Nifty50 crossing the 20,000 mark on Monday hitting all-time high levels, creating a sense of excitement. However, carnage followed the next day with Nifty Mid and Small Cap indices reporting their biggest single-day fall of the year.
So the question on everybody’s mind - Is the party over for Mid and Small-cap stocks? History shows focusing solely on index movements is misguided, as stocks within indices can vary greatly. For instance, during the PSU stock rally, not all PSU stocks performed well, and even during the 2018-2019 Small and Mid-cap downturn, many stocks reported handsome returns. Investors should prioritize evaluating individual stocks rather than relying on group perspectives, recognizing that each stock has a unique narrative shaped by various factors.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
The chart below shows the Top 5 Gainers and Losers of Nifty50 between its journey of 19,000 and 20,000
The chart below shows the Year-to-Date (YTD) returns delivered by Nifty Metal Stocks.
The below chart represents the top wealth creators, based on market cap, in the last 3 financial years
The table below shows a list of 10 Nifty50 stocks that are more than 10% away from their 52-week high
BSE Smallcap index ended lower by 4% on Tuesday. This was the largest single day fall in a year in the index
The table below shows how the Nifty Smallcap 100 performs after returning a negative return in a particular year
The table below shows the number of calendar days Nifty takes to achieve 100,200,… etc. points from a milestone event
Nifty IT delivers superior performance in the second half of each Calendar Year (C.Y.). The chart below shows the Nifty IT index returns for the first six months and the latter half of each C.Y. from 2013 to 2022
The accompanying chart indicates the weekly returns of Nifty50
India's Retail Inflation Cools Down In August!
BALRAMCHIN has broken out of its five months consolidation phase with a rise in volumes
GLENMARK has broken out of its previous resistance with rise in volumes and Long Buildup in Future Open Interest (OI) data
BAJAJAUTO has broken out of its previous resistance of 4990 levels on the daily chart. Short covering at 5100 is likely to lead the next leg of rally
Visualizing the Size of Africa (Image Courtesy: Visual Capitalist)
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