Latest news with #Midcap100
Mint
3 days ago
- Business
- Mint
Best stocks to buy—recommended by NeoTrader's Raja Venkatraman for 8 August
In this article, we shall showcase some hidden gems that we can take advantage of as the market is currently undergoing some active buying, combined with the Q1 result season underway. The aim is to consider multiple factors that we can combine to give some meaningful return in the next few weeks. Here are three stocks to buy as recommended by Raja Venkatraman of NeoTrader for today: • CIGNITITEC: Buy CMP and dips to near ₹1,550 | Stop ₹1,510 | Target ₹1,720-1,795 • ADANIPOWER: Buy above ₹579 and dips to 560 | Stop 545 | Target ₹625-650 • ENIL: Buy above ₹161 and dips to ₹151 | Stop ₹147 | Target ₹172-178 Cigniti Technologies Ltd Cigniti Technologies Ltd is an India-based company primarily engaged in providing software testing services globally. The company offers a range of services, including quality engineering, digital assurance, and advisory and transformation services. Cigniti Technologies' Q1 FY26 results emerged against a volatile mid-cap backdrop, where the Nifty Midcap 100 plunged roughly 18% from its September 2024 high and was down over 13% year to date by mid-2025, even as the Nifty Midcap 150 rebounded 6% in the last quarter. Early August saw renewed selling, with the Midcap 100 sliding 0.77% on 6 August amid FII outflows and global trade tensions. Against this, Cigniti delivered consolidated revenue of ₹534.2 crore, up 0.7% sequentially and 14.0% year-on-year, and net profit of ₹65.9 crore—a 9.97% quarter-on-quarter dip but a staggering 528% on-year jump off a soft base. Amid lingering macro headwinds—from cautious domestic investors to unchanged RBI rates—Cigniti's healthy on-year growth, prudent cost management, and focus on quality-engineering services underscore its ability to outperform peers and capitalize as mid-cap sentiment recovers. Looking ahead, investors will monitor Cigniti's order book growth, cash conversion metrics, and execution on its digital testing offshore-onshore mix as key catalysts for further upside in the stabilization phase. As we take a look at the charts, the last few days have been quite challenging, and the attempt to move higher has not met with a favourable response yet. A sharp drop into the value support zone around ₹1,500 managed to hold back the sell-off in the last two trading sessions. However, the strong thrust to the upside, followed by robust volume that has emerged at lower levels, has clearly highlighted that the trends ahead could be resolutely heading higher. Some support from the Relative Strength Index (RSI) in forming a positive divergence has certified that the momentum to the upside could now pick up. As the overall market bias continues to be selective engagement one can consider possibility of moving higher in the coming days. Looking ahead, CIGNITITEC aims to capitalize on India's accelerating digitalization of digital networks. Adani Power Ltd Adani Power's Q1FY26 results were unveiled against a backdrop of significant mid-cap underperformance. The Nifty Midcap 100 index plunged roughly 18% from its September 2024 peak and has slid 13 % year to date by mid-2025, while the broader mid-cap segment rebounded 6% in the last quarter before renewed selling drove a 0.77 % drop on 6 August amid FII outflows and global trade tensions. In this environment, Adani Power posted a consolidated net profit of ₹3,305.13 crore for Q1FY26, down 15.5 % on-year from ₹3,912.79 crore, dragged by lower merchant tariffs and elevated operating expenses post-acquisitions. Revenue dipped 5.7 % to ₹14,109.15 crore. Continuing Ebitda of ₹5,744 crore contracted 8.6% on-year but expanded 12.7% on-quarter, supported by higher merchant tariffs, lower fuel costs and enhanced capacity utilization that lifted power sales 1.6% to 24.6 billion units. An early monsoon dampened domestic power demand, which fell 1.8% on-year to 481BU, yet Adani Power's diversified merchant mix and strategic acquisition of a 600MW Vidarbha plant underscore its resilience and growth trajectory. This counter has been steadily making a higher high, higher low in this calendar year after some steady decline since July highs, due to some steady profit booking. After forming a long body candle at cloud support, the stock is indicating potential to move higher. The revival from the cloud region on Thursday augurs well for the prices. The volume-led rise is leading to a strong recovery. Further, the prices are seen reviving, holding on to the ascending trendline support that could now produce a rebound. With India's mid-cap markets under pressure and RBI rates unchanged, Adani Power's robust balance sheet, recent stock split announcement and ongoing capacity expansions position it to navigate volatility and capitalize on an eventual market rebound. Entertainment Network (India) Ltd ENIL's latest quarterly performance emerges against a backdrop of mid-cap volatility. After the Nifty Midcap 100 plunged roughly 18% from its September 2024 peak and endured a 13% year-to-date drop by mid-2025, the segment has seen selective rebounds, with the Nifty Midcap 150 climbing over 6% in the last quarter. However, broader mid-cap benchmarks, including the Nifty Midcap 100, remained under pressure into early August, sliding 0.77% on 6 August as FII outflows and global headwinds weighed on sentiment. In this climate, ENIL reported Q1FY26 consolidated revenues of ₹117 crore, up 3% on-year, underpinned by domestic revenues rising 3.2% to ₹113 crore, while Ebitda expanded 3.6% to ₹6.2 crore. Its events and solutions business surged 33%, reflecting successful diversification, and the digital segment posted revenues of ₹21.7 crore—40.7% of core radio ad revenues compared to 24.8% last year—achieving this growth with reduced investment of ₹9.8 crore vs ₹14.2 crore a year ago. Bolstered by a cash reserve of ₹349 crore, ENIL's robust balance sheet and evolution into a multimedia platform position it to weather ongoing market volatility and capitalize on mid-cap recovery opportunities ahead. This counter joins the list of some steady recovery seen in select media stocks. Over the last three months, the move has been a gradual consolidation in this counter. The strong rise seen in the last two days has managed to breach an important resistance level around ₹155 and is heading higher. In the last few days, the financial resilience has been acknowledged, giving way to much higher grounds in the coming days. With the trends now showing the possibility of more upward traction, one can consider initiating a long opportunity in the coming weeks. As the bullish bias is steadily stepping in one should look at trading as well as investing into this counter. While its core radio ad business was subdued by a high base of one-off political ads in Q1FY25, ENIL's pivot to events and digital offset this drag. As investors face headwinds from global trade tensions and FII outflows, ENIL's diversified revenue mix and lean cost structure enhance its resilience. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
31-07-2025
- Business
- Mint
Best mid-cap stocks to buy today, 31 July, recommended by NeoTrader's Raja Venkatraman
After months of turbulence, mid- and small-cap indices are showing signs of life this July. With mutual fund inflows accelerating and select pockets seeing renewed buying, the tides may be turning. But is it momentum or just a mirage? Dive into the shifting dynamics that are quietly reshaping India's broader market. Here are three mid-cap stocks to buy as recommended by NeoTrader's Raja Venkatraman for today: IPCALAB: Buy CMP and dips to ₹1,490 | Stop ₹1,475 | Target ₹1,650-1,740 TIMETECHNO: Buy CMP and dips to ₹450 | Stop ₹440 | Target ₹525-540 MUNJALSHOW: Buy at CMP and dips to ₹142 | Stop ₹138 | Target ₹163-171 Is sentiment under threat...? Over the 10 months to February 2025, the Nifty Midcap 100 and the Nifty Smallcap 100 plunged 14% and 16%, respectively, from their September 2024 peaks—deepening losses to roughly 21% and 25% below those highs—yet June's ₹3,754 crore inflows into mid-cap funds (and ₹4,024 crore into small-caps) helped July open on firmer ground. The Midcap 100 reclaimed about 1.5% early in July (Smallcap 100 added 1%), narrowing year-to-date deficits against the Nifty 50 even as both still lag large-caps. Against this backdrop, Q1 earnings from NSE 500 mid-cap constituents were mixed. Investors are rotating into mid-caps with stronger liquidity and clearer earnings visibility, while broader small-caps remain sensitive to valuation pressures and global risk sentiment—so July's tentative recovery hinges on selective stock picks and continued robust fund flows as these segments strive to close the valuation gap with their large-cap peers. Three mid-cap stocks to trade, recommended by NeoTrader's Raja Venkatraman: IPCA Laboratories Ltd (Cmp 1529.50) Why it's recommended: Ipca Laboratories Ltd (IPCALAB) is a pharmaceutical company engaged in the manufacturing and marketing of active pharmaceutical ingredients (APIs) and pharmaceutical formulations. Recently, the prices have dipped into the cloud support and formed a rounding pattern. The long body bullish candle seen on Friday augurs well for the prices. This has led to an improvement in the sentiment. With prices holding firm we can consider going long. Key metrics: P/E: 59.61 | 52-week high: ₹1,757.65 | Volume: 501.36K Technical analysis: Support at ₹1,420, resistance at ₹1,700. Risk factors: Macroeconomic and political risks, cyberattacks and weak same-store sales. Buy at: CMP and dips to ₹1,490. Target price: ₹1,650-1,740 in one month. Stop loss: ₹1,475. Time Technoplast Ltd (Cmp 472.15) Why it's recommended: Time Technoplast is the world's largest manufacturer of large-size plastic drums, with an impressive 50-60% market share in India and a significant share in 10 other countries. The stock has been consolidating at the TS & KS bands and forming long body candle patterns and inching higher. With momentum showing some upside once again we can look to go long. Key metrics: P/E: 61.49 | 52-week high: ₹513.35 | Volume: 1.98M Technical analysis: Support at ₹430, resistance at ₹550. Risk factors: Fluctuations in crude and polymer prices, intense competition and debt reduction. Buy at: CMP and dips to ₹450. Target price: ₹525-540 in one month. Stop loss: ₹440. Munjal Showa Ltd (Cmp 150.12) Why it's recommended: The counter has undergone some ranging action as moving steadily higher forming a higher high higher low since mid-May 2025. On a recovery it faced a value area resistance that kept halting the upmove forming higher high and higher lows holding the TS & KS Bands for the past few days around 140 has been overcome. With steady volumes building up within the bands one can look for an encouraging upmove in the coming days. Key metrics: P/E: 20.94 | 52-week high: ₹192.35 | Volume: 91.59K. Technical analysis: Support at ₹130, resistance at ₹170. Risk factors: MSL relies heavily on a single customer, the possibility of manufacturing defects and fluctuations in raw material prices. Buy: CMP and dips to ₹142 Target price: ₹163-171 in one month. Stop loss: ₹138. Overall, midcap and small-cap stocks still hold appeal for those chasing returns above traditional large-cap equities. Yet their propensity for swift price movements calls for a robust game plan, disciplined execution, and comprehensive due diligence. As themes in emerging markets shift—propelled by economic growth and technological breakthroughs—savvy investors who carefully weigh these growth prospects against their accompanying risks are well-positioned to reap meaningful gains over the long haul. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
India Today
18-07-2025
- Business
- India Today
Sensex tumbles over 600 points: Why is stock market falling today?
Benchmark market indices tumbled sharply on Friday, dragged down by financial stocks after Axis Bank reported a surprise profit drop for the June 30-share BSE Sensex tumbled 644.99 points to 81,614.25 around 12:19 pm, while the NSE Nifty 50 fell 191.30 points to 24,920.15. Losses were broad-based, with most of the major sectoral indices in the Nifty Financial Services index shed over 1%, while the Nifty Private Bank index declined 1.3%.advertisement Axis Bank led the slide, plunging over 4%—its sharpest fall in six months—after it posted a lower-than-expected June-quarter bank attributed the miss to a rise in bad loans following a one-time industry-wide benchmarking exercise and a dip in its net interest margin to 3.8%, down from 4.05% in the previous lender said it had to realign its asset classification norms after discovering that a peer bank was using a stricter standard. While Axis did not name the bank, the change led to higher provisioning and credit flagged further concerns. Macquarie said the results raised "more questions than answers", pointing to Axis's elevated credit costs compared to peers, even after accounting for the one-time miss at Axis Bank weighed on investor sentiment across the sector, even as IT stocks provided some relief. Wipro gained 3% following its results, but the Nifty IT index remained flat as LTIMindtree slipped 2%.Broader markets also stayed weak. The Nifty Smallcap 100 and Midcap 100 indices were down 0.6% and 0.5%, respectively. So far this week, the Sensex has shed 0.8%, while the Nifty is down 0.5%, setting up both indices for a third straight week of eyes are now on the June-quarter results of heavyweights HDFC Bank and ICICI Bank, due on Saturday, which could set the tone for next week's market direction.- EndsTrending Reel
Economic Times
08-07-2025
- Business
- Economic Times
Stock Market LIVE Updates: Sensex trades flat, Nifty over 25,450; DRL falls 2%, Kotak Bank gains 4%
Sensex Today | Stock Market LIVE Updates: Eight of the 13 major sectors advanced marginally at the open. The broader small-caps and mid-caps traded flat. Nifty Bank and Metal indices advanced in early trade on Tuesday, while IT, FMCG, and Oil & Gas also opened in the green. In the broader market, both the Nifty Smallcap100 and Midcap100 indices saw modest gains. The Indian market closed flat on Monday, with gains in consumer and oil & gas stocks offset by declines in financial and IT shares. Investor sentiment stayed cautious amid growing uncertainty ahead of the July 9 U.S. tariff deadline. Uncertainty over U.S. trade policies weighed on investors sentiment in the Indian stock market. Sensex Today | Stock Market LIVE Updates: Key benchmark indices Sensex and Nifty50 traded on a flat note Tuesday, as investors remained cautious amid global uncertainty following U.S. President Donald Trump's announcement of steep import tariffs on key trading partners. Sensex Today | Stock Market LIVE Updates: Meghna Infracon shares rise on Rs 37 cr redevelopment project in Mumbai Meghna Infracon has signed a Rs 37 crore agreement with Jose Ville for a residential redevelopment project in Santacruz West, Mumbai. The 28,000 sq. ft. project is expected to launch in 2025 and is strategically located near key amenities and transit points. Sensex Today | Adani Power completes 600 MW Vidarbha Power acquisition, operating capacity reaches 18,150 MW Sensex Today | Stock Market LIVE Updates: Kotak Mahindra Bank jumps 4% after Q1 business update signals steady growth Kotak Mahindra Bank shares surged over 4% on Tuesday, hitting an intraday high of Rs 2,237.35 on the BSE, after the lender posted a steady business update for the June quarter (Q1FY26), signalling continued growth momentum. Read more Stock Market LIVE Updates: Indian bonds trade flat despite rise in US yields; await local cues Indian government bonds moved in a tight range on Tuesday morning, largely ignoring the uptick in U.S. Treasury yields. Traders are awaiting a strong domestic trigger to drive further movement. The 10-year benchmark yield stood at 6.2943% as of 9:45 a.m. IST, marginally higher from Monday's close of 6.2933%. Stock Market LIVE Updates: Textile stocks rally up to 8% as US imposes steep tariff on Bangladesh imports Textile stocks surged on Tuesday, with shares of Gokaldas Exports, KPR Mill, Vardhman Textiles, and Arvind Ltd rallying up to 8.2% intraday. The sharp gains came after the US, under President Donald Trump, imposed a 35% tariff on imports from Bangladesh, targeting the apparel and textile sector specifically. Read more Sensex Today | Stock Market LIVE Updates: AMC stocks climb up to 3.5% as SEBI proposes relaxation in mutual fund norms Shares of asset management companies like HDFC AMC, Aditya Birla Sun Life AMC, and Nippon Life India AMC gained as much as 3.5% on Tuesday after SEBI proposed easing regulatory norms for mutual fund business operations. Read more Sensex Today | Stock Market LIVE Updates:J&K Bank shares rise 3% as ace investor Mukul Agrawal picks up 1.3% stake in Q1FY25 Shares of Jammu & Kashmir Bank jumped 3.3% to hit a high of Rs 114.95 on the BSE on Tuesday after renowned investor Mukul Mahavir Agrawal acquired a 1.27% stake—around 1.4 crore shares—in the June 2024 quarter, adding the lender to his portfolio. Read more Sensex Today | Stock Market LIVE Updates: Titan tumbles 5% after Q1 business update fails to impress D-Street Titan shares dropped 4.8% to an intraday low of Rs 3,490.95 on Tuesday after its Q1FY26 business. While the lifestyle major posted 20% YoY growth in its consumer business, the market reacted negatively to the overall performance. Read more Sensex Today | Stock Market LIVE Updates: Rupee rises 23 paise to 85.71 against US dollar in early trade Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex drops over 50 pts, Nifty below 25,500; DRL falls 2%, Kotak Bank gains 4% Stock Market LIVE Updates: Sensex slips over 100 pts in pre-open session, Nifty tests 25,450 Sensex Today | Stock Market LIVE Updates: HDFC Bank backs ₹532 crore Adani SPV bond issue with anchor investment HDFC Bank has emerged as both the arranger and anchor investor in a ₹532 crore unsecured NCD issue by Adani Energy Solutions' SPV, WRSS XXI (A) Transco. The bank has committed ₹159.6 crore in the long-tenor bonds, which carry a 7.70% coupon and mature in March 2043. The issue has AAA ratings from Crisil and ICRA. Read more Sensex Today | Stock Market LIVE Updates: Nifty 50 Q1 earnings seen up 4.6% YoY amid uneven sector performance Nifty 50 companies are projected to post a 4.6% year-on-year rise in net profit and a 4.5% uptick in revenue for Q1FY26. This would mark the first single-digit profit growth in nine quarters, with weak showings expected from names like Tata Motors, IndusInd Bank, and Coal India. Read more Sensex Today | Stock Market LIVE Updates: Samsung warns of 56% Q2 profit slump, cites US curbs on AI chip sales to China Samsung Electronics expects a sharper-than-anticipated 56% drop in Q2 operating profit, attributing the slide to U.S. restrictions on advanced AI chip exports to China. Analysts also pointed to delays in delivering high-bandwidth memory (HBM) chips to major client Nvidia as a key factor behind the miss. Sensex Today | Stock Market LIVE Updates: J&K Bank shares in spotlight as Mukul Agrawal picks up 1.3% stake in Q1 Shares of Jammu & Kashmir Bank are set to be in focus after ace investor Mukul Mahavir Agrawal acquired a 1.27% stake — around 1.4 crore shares — in the June 2024 quarter. The bank also posted a solid Q1FY26 business update, reporting a 9.5% year-on-year rise in total business to ₹2.49 lakh crore. Sensex Today | Stock Market LIVE Updates: Sebi to tighten surveillance to curb derivatives market misuse Sebi plans to strengthen its surveillance mechanisms to curb manipulation in the derivatives segment, chairman Tuhin Kanta Pandey said on Monday. The move follows the regulator's action against US-based Jane Street for allegedly using large derivative positions to distort indices and book unlawful gains. Read more Sensex Today | Stock Market LIVE Updates: Mphasis, Pfizer among 7 stocks to trade ex-dividend on Wednesday Shares of companies including Mphasis and Pfizer will trade ex-dividend on Wednesday, July 10. This marks the final day for investors to buy these stocks to be eligible for the announced dividends, with July 9 set as the official record date by the respective boards. Read more Sensex Today | Stock Market LIVE Updates: Glen Industries IPO opens today: GMP, price band, key details Glen Industries' IPO opens for subscription on July 8, aiming to raise Rs 63.02 crore via a fresh issue of 64.96 lakh equity shares. The BSE SME-bound IPO has set a price band of Rs 92–97 per share. Market buzz remains strong, with a GMP of Rs 25–26, suggesting a 26% premium over the upper band. Read more Sensex Today | Stock Market LIVE Updates: Oil dips as markets weigh US tariffs, OPEC+ supply boost Oil prices edged lower on Tuesday, pulling back after a near 2% surge in the previous session, as traders evaluated the impact of fresh U.S. tariffs and a larger-than-expected production hike by OPEC+ for August. Brent crude slipped 21 cents to $69.37 a barrel, while WTI dropped 24 cents to $67.69. Read more Sensex Today | Stock Market LIVE Updates: Gold steady as Trump's tariff shock offsets pressure from rising yields Gold prices held firm on Tuesday after U.S. President Donald Trump unveiled steep new import tariffs from Japan, South Korea, and other nations. However, gains were limited as rising U.S. Treasury yields weighed on investor appetite. Spot gold slipped 0.1% to $3,331.89 per ounce, while U.S. gold futures remained flat at $3,341.80. Read more Sensex Today | Stock Market LIVE Updates: Wall Street slides on tariff shock; Musk's political move weighs on Tesla U.S. markets closed sharply lower Monday as investor sentiment took a hit from President Donald Trump's announcement of steep tariffs on Japan, South Korea, and other key trade partners. Adding to the pressure, Tesla shares tumbled after CEO Elon Musk revealed plans to launch a new political party in the U.S., raising fresh uncertainty around the EV giant. Read more Sensex Today | Stock Market LIVE Updates: Titan in focus after Q1 update; consumer biz grows 20% YoY Titan Company shares will be on investors' radar on Tuesday after the firm reported a 20% year-on-year growth in its consumer business for Q1FY26. Its domestic jewellery segment rose 18% YoY despite muted consumer sentiment due to volatile gold prices. Sensex Today | Stock Market LIVE Updates: Yen slips to 2-week low as Trump slaps 25% tariffs on Japan, Korea The yen weakened sharply on Tuesday, sliding to a two-week low of 146.44 against the dollar, after former U.S. President Donald Trump announced 25% tariffs on imports from Japan and South Korea. Meanwhile, the Korean won edged higher by 0.4% to 1370.20 per dollar, though sentiment remained cautious across the region. Sensex Today | Stock Market LIVE Updates: FOREX news The euro rose 0.3% to $1.1747 The Japanese yen was little changed at 145.95 per dollar The offshore yuan was little changed at 7.1740 per dollar Sensex Today | Stock Market LIVE Updates: Global market update S&P 500 futures were little changed as of 9:53 a.m. Tokyo time Japan's Topix rose 0.2% Australia's S&P/ASX 200 was little changed Euro Stoxx 50 futures fell 0.1% Global Market LIVE Updates: Asian shares edge up as Trump open to tariff talks Asian markets edged higher after President Trump signaled the possibility of further negotiations, even as new tariff rates were imposed on countries like Japan and South Korea. The MSCI Asia-Pacific index recorded a mild gain, with Japanese and South Korean stocks leading the advance. Sensex Today | Stock Market LIVE Updates: Stocks in news: Titan, J&K Bank, Tata Motors, M&M, JSW Infra In today's session, stocks such as Titan, J&K Bank, Tata Motors, M&M, and JSW Infra will be in focus amid key news developments and the release of their first-quarter results. GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 2.50 points, or 0.01 per cent, at 25,513.50, signaling that Dalal Street was headed for muted start on Tuesday. Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Monday Indian benchmark indices, Sensex and Nifty, ended flat on Monday as gains in consumer and oil & gas stocks were offset by declines in financial and IT shares. Investor sentiment stayed cautious amid growing uncertainty surrounding the July 9 U.S. tariff deadline. Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Tuesday Indian markets ended flat on Monday, with gains in consumer and oil & gas sectors neutralized by losses in financial and IT stocks. Investor sentiment remained subdued amid increasing uncertainty ahead of the July 9 U.S. tariff deadline. Read more
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Business Standard
29-06-2025
- Business
- Business Standard
Bull run on buckling knees: Benchmarks stand tall, but on splintered legs
June rally runs on a limp: Headline gains mask a brittle advance, with more stocks falling than rising premium Samie Modak Mumbai Listen to This Article The benchmark Sensex and Nifty are on course for a fourth straight monthly advance, each up over 3 per cent so far this month. While the headline indices remain firm, market breadth has thinned, with more stocks declining than rising. If this trend holds through the final trading session, June will be the first month since February to log negative market breadth. The advance/decline ratio has slipped below 1, even as the Nifty Smallcap 100 and Midcap 100 have gained 3.4 per cent and 6 per cent, respectively. The Nifty Microcap 250 has underperformed, rising just 2.14 per cent.
