Latest news with #NiftyMidCap100
New Indian Express
3 days ago
- Business
- New Indian Express
Indian equity benchmarks open lower on Friday amid cautious investor sentiment
CHENNAI: Indian equity benchmarks opened lower on Friday (May 30) amid cautious investor sentiment, as market participants eye the final batch of March 2025 quarter corporate earnings and the all-important Q4FY25 GDP data due later this week. Global jitters around revived US tariff policies under former President Donald Trump added to the nervousness. Benchmark Indices BSE Sensex opened at 81,525, down 108 points or 0.13% Nifty50 was at 24,800, down 33 points or 0.13% The weakness comes despite relative strength in broader market indices and select sectors. Key Market Movers However some stocks bucked the trend and the top gainers in the early session included Adani Ports, Nestle India, L&T, Sun Pharma, Bajaj Finserv, Power Grid, and Titan. These stocks provided support to the indices with moderate gains amid selective buying. While top losers were IT heavyweights such as Infosys, HCL Tech, Tech Mahindra, and TCS, which dragged the indices lower. IndusInd Bank and Tata Steel also saw selling pressure on Friday. Broader Market & Sectoral Trend Despite the dip in frontline indices, broader markets showed resilience—an indication of ongoing rotation and stock-specific action. Nifty MidCap 100 rose slightly by 0.36%, and Nifty SmallCap 100 also gained modestly by 0.15%.
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Business Standard
22-05-2025
- Business
- Business Standard
Stock Market LIVE: Markets tumble tracking Asian jitters; Sensex slides 700 pts; Auto, FMCG drag
Sensex Today | Stock Market LIVE on Thursday, May 22, 2025: Power Grid, ITC, Reliance Industries, Tech Mahindra, HCLTech, were among the top laggards 10:53 AM Stock Market LIVE Updates: These 2 small-cap stocks see Golden Crossover on charts 10:28 AM Stock Market LIVE Updates: Unified Data-Tech IPO opens; check price band, lot size, GMP, key dates Stock Market LIVE Updates: Unified Data-Tech Solutions' initial public offering (IPO) opened for public subscription today. At the upper end, the company seeks to raise ₹144.47 crore from the public offering. Unified Data-Tech Solutions has announced that it has already raised ₹41.14 crore from anchor investors in the bidding concluded on Wednesday, May 21, 2025. 10:09 AM Stock Market LIVE Updates: Mankind Pharma shares slide 3% as Q4 profit declines Stock Market LIVE Updates: Shares of Mankind Pharma declined over 3 per cent on Thursday after the company reported a 10 per cent drop in consolidated net profit for the fourth quarter of FY25. The stock slipped as much as 3.22 per cent intraday, hitting a low of ₹2,450, marking its steepest fall since May 2. By 9:32 AM, it had trimmed some losses to trade at ₹2,478, down 2.1 per cent, while the Nifty 50 was trading 1 per cent lower. 9:57 AM Stock Market LIVE Updates: Dividend stocks: LTIMindtree, CMS Info, 4 others to remain in focus today Stock Market LIVE Updates: Shares of CMS Info Systems, Havells India, LTIMindtree, Himadri Speciality Chemical, Keystone Realtors, and Sula Vineyards are likely to stay in focus during today's trading session after announcing dividend payouts for their shareholders. Dividends, often viewed as a form of passive income, represent a portion of a company's profits distributed to shareholders as a reward for their investment. As per the data available on the BSE, shares of these companies are slated to trade ex-dividend tomorrow, Friday, May 23, 2025. READ MORE 9:27 AM Stock Market LIVE Updates: Broader markets fall Stock Market LIVE Updates: Broader markets fall -- Nifty SmallCap 100 index drops 0.22 per cent -- Nifty MidCap 100 index falls 0.56 per cent 9:24 AM Stock Market LIVE Updates: Index heatmap Stock Market LIVE Updates: Index heatmap -- Barring Adani Ports, all shares were trading in red zone -- IndusInd Bank, Tech Mahindra and Power Grid were among top losers on BSE. 9:18 AM Stock Market LIVE Updates: Nifty opens lower Stock Market LIVE Updates: Nifty opens lower -- Nifty opens at 24,733.95 -- Nifty previous close was 24,813.45 9:16 AM Stock Market LIVE Updates: Sensex opens lower Stock Market LIVE Updates: Sensex opens lower -- Sensex opens at 81,323.05 -- Sensex previous close was 81,323.05
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Business Standard
07-05-2025
- Business
- Business Standard
Mid-, Small-Cap stocks outperform; Welspun, BSE shine; check other gainers
Shares of the Mid and Smallcap companies were outperforming in an otherwise flat market on Wednesday, May 7. The Smallcap and Midcap indices, which initially dropped nearly 1.5 per cent, reversed their losses and were now trading with gains of over 1 per cent each. The Nifty MidCap100 index rallied 1.5 per cent to an intra-day high of 54,242.4, while the Nifty SmallCap250 index climbed 1.10 per cent to an intra-day high of 16,373.6 levels on Wednesday. BSE leads the rally From the Midcap basket, BSE led the gains among the Nifty Midcap100 constituent stocks, trading higher by 8.64 per cent, followed by One 97 Communications, the parent company of Paytm, with a 7 per cent rise, at around 12 PM on Wednesday. Muthoot Finance, SRF, and Aditya Birla Fashion were among the other gainers that traded higher by over 3 per cent each. Meanwhile, from the Smallcaps space, Welspun Living logged the highest demand, trading higher by 13 per cent. This was followed by Piramal Enterprises (8 per cent), IIFL Finance (5.82 per cent), Kfin Technologies (5 per cent), Poonawalla Fincorp (4.8 per cent), and PG Electroplast (4.75 per cent). Analyst advises caution Ravi Singh, SVP of retail research at Religare Broking, sees this as a pullback rally after the recent correction in the mid- and small-cap stocks. Notably, the Nifty Midcap100 and Smallcap100 indices had settled lower by over 2 per cent each on Tuesday, May 6. "In this volatile environment, investors can use derivatives to hedge against downside risk or capitalize on increased market volatility. Amid escalating geopolitical tensions, nations are increasingly prioritizing defense preparedness, resulting in a significant global surge in military spending. This trend, especially in the context of ongoing tensions with Pakistan, is expected to have long-term momentum," said Singh. Given the current global uncertainties, Singh advises maintaining higher levels of cash or liquid assets, as it enables swift responses to rapidly evolving conditions. A cautious approach—both in terms of current holdings and new investments—is recommended. That said, despite today's gains, the Nifty Midcap100 and Nifty Smallcap100 indices, for the year-to-date, have logged losses of 5.25 per cent and 12.8 per cent respectively. In contrast, the benchmark Nifty50 has advanced 2.5 per cent this year. Sensex, Nifty today The benchmark Indian equity indices were trading on a flat note. The BSE Sensex was quoted trading at around 80,559.70 levels, down by 84 points or 0.10 per cent. The index has traded in the range of 80,844.63 – 79,937.48 today. Tata Motors (3.88 per cent), Titan (1.56 per cent), and Power Grid Corporation (1.40 per cent) were among the top gainers of Sensex constituent stocks, while Sun Pharma (down 1.20 per cent), Asian Paints (1.27 per cent), and ITC (1 per cent) were among the top laggards of Sensex constituent stocks. Meanwhile, NSE Nifty50 traded lower by merely 15 points or 0.06 per cent at 24,363 levels. Sectoral markets update The sectoral indices too were buzzing in trade with gains led by Auto, Metal, and Consumer Durables stocks. Barring Nifty FMCG (down 0.56 per cent), Pharma (down 0.35 per cent), and Healthcare index (0.26 per cent), all the other sectoral indices were trading higher. Among them, Nifty Auto, Metal, and Consumer Durables were trading higher by over 1 per cent each. Meanwhile, Banking, Oil & Gas, Financial Services, and Realty indices were trading in the range of 0.13–0.60 per cent.
Mint
05-05-2025
- Business
- Mint
Q4 shareholding moves: Institutional appetite for post-correction mid-caps grows
Did the recent correction in mid-cap stocks offer a chance to buy the dip or a cue to exit? The answer depends on whom you ask. A Mint analysis of March-quarter shareholding patterns reveals a sharp divergence: while domestic institutional investors stepped up their bets, retail investors pulled back, hinting at a growing divide in confidence. The analysis of 129 mid-cap companies shows that retail investors trimmed their holdings in 74 firms—57.4% of the sample—while increasing stakes in just 51 (around 40%). Mutual funds moved in the opposite direction, using the correction to selectively build positions, raising exposure in about 60% of the mid-cap stocks and cutting back in roughly a third. Read this | While the big bulls have moved on, retail investors are stuck holding the debris Foreign portfolio investors (FPIs) also leaned cautious, reducing holdings in 55% of these companies, while raising stake in 43%—a sign of selective conviction rather than broad-based retreat. The mid-cap segment weathered the recent correction with only a moderate dip in valuations. The BSE Midcap index is currently trading at a nearly 7% discount to its historical average price-to-earnings (P/E) ratio, suggesting some headroom in quality names—even as broad-based value remains elusive. 'Concerns have somewhat reduced, making these segments moderately more attractive. The Nifty MidCap 100 index is at 38.9 times, compared to 44.9 in September 2024," said Utsav Verma, head of research, institutional equities, Choice Broking. Echoing this cautiously optimistic view, Abhishek Dua, co-founder of Showroom B2B, in Mint's recent market survey highlighted that valuations have cooled off a bit after the recent correction. 'Some quality names in the mid-cap space are now worth looking at, but investors still need to be selective." Read this | Creditors seize pledged shares as small, mid-caps slide However, others remain wary of lingering overvaluation. 'While recent market consolidation has provided some relief, valuation concerns in certain mid-cap segments still remain," said Ajit Mishra, senior vice president, Research at Religare Broking. 'Many stocks in these categories had run up sharply, driven more by liquidity and sentiment than fundamentals. Despite the pullback, prices in several cases still appear disconnected from earnings growth potential, keeping risks elevated." 'We are increasingly focusing on quality and fundamentals, and any further global or domestic trigger could expose the fragility in overvalued names. Hence, caution is still warranted, and a selective approach remains essential," Mishra added. Read this | Gold, stocks and FPIs: What the market crystal ball foretells for the next three months Meanwhile, retail investors remained the most cautious cohort overall, with their aggregate shareholding in mid-cap firms dropping 40 basis points—from 11.2% in Q4FY24 to 10.8% in Q4FY25. Overseas investors also pared their stakes marginally during the quarter, after holding steady for the previous three. Domestic mutual funds, meanwhile, emerged as the most bullish cohort—raising their ownership by a sharp 90 basis points over the past year. This is the fifth part of a series of data stories on the latest shareholding pattern. Read the first , second , third , and fourth part here.
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Business Standard
29-04-2025
- Business
- Business Standard
Sensex adds 70 points: RIL rallies 2%, IT leads gains; pharma, metals lag
Stocks market closing bell, Tuesday, April 29, 2025: Shares of information technology (IT) companies stole the spotlight on Tuesday, as the benchmark Indian equity indices settled with marginal gains. The broader markets, however, showed resilience and settled higher, while the sectoral markets witnessed profit booking and ended broadly on a lower note. The benchmarks — BSE Sensex settled at 80,288.38, up marginally by 70.01 points or 0.09 per cent, and the NSE Nifty50 closed at 24,335.95, higher by merely 7.45 points or 0.03 per cent. Notably, the index heavyweight Reliance Industries, which was also the top gainer among the Sensex constituent stocks, settled with gains of 2.26 per cent. Tech Mahindra, Eternals, IndusInd Bank, and HCL Tech were among the 16 constituent stocks that ended with gains of up to 2.14 per cent. Conversely, UltraTech Cement, Sun Pharma, Power Grid Corporation, NTPC, and Kotak Mahindra Bank were among the 14 Sensex constituent stocks that ended in the red, with losses extending up to 2.39 per cent. Among the broader indices, the Nifty MidCap100 and Nifty SmallCap100 ended higher by 0.27 per cent and 0.37 per cent, respectively. Data Patterns (14.93 per cent), Garden Reach Shipbuilders (12.25 per cent), Cochin Shipyard (9.88 per cent), and Mazagon Dock Shipbuilders (8.71 per cent) were among the top gainers in the midcap space. IT shines bright Among the sectoral indices in the NSE, Nifty IT index hit a 3-week high and emerged as the top performer by settling higher by 1.23 per cent led by LTI MindTree (2.30 per cent), and Tech Mahindra (2.29 per cent). Consumer Durables (0.62 per cent), and Oil & Gas (0.47 per cent) were other sectoral indices that ended in green, while others settled lower on Monday. Among them, intraday profit booking was seen in select pharma stocks, resulting in a 1 per cent decline for the Pharma index. Nifty FMCG, auto, realty, and banking indices too closed in red. Caution prevails, but stock selection key The national market, Vinod Nair, head of research, Geojit Investments, said, exhibited largely range-bound oscillation, as caution prevailed amid geopolitical concerns over border tensions. The sustained inflows from FIIs provided support to market sentiment and restricted further pessimism. "Meanwhile, mixed Q4 results have raised the risk of downward revisions to FY26 projections. In combination with apprehensions surrounding potential retaliatory actions, these developments may lead to some consolidation in the near term," said Nair. Markets traded lackluster and ended nearly unchanged in the absence of any significant trigger, said Ajit Mishra – SVP, research, Religare Broking. Beyond the strong performance from banking and financials, rotational buying was seen in heavyweight stocks from other sectors such as IT, energy, and auto. This trend, Mishra believes, could support the index in maintaining its positive bias. "Hence, any short-term pause or consolidation should be viewed as healthy. Participants are advised to continue with a 'buy on dips' strategy, focusing on stock selection based on relative strength," said Mishra. Nifty50 Technical outlook Technically, the Nifty index formed a shooting star candle on the daily chart, signaling selling pressure at higher levels, with 24,460 acting as a short-term hurdle. Sustaining above this level, Hrishikesh Yedve, AVP - technical and derivatives research at Asit C. Mehta Investment Intermediates, said, could lead to a rally toward 24,800–24,850. "On the downside, key support lies at the 200-Day Simple Moving Average around 24,050, followed by 23,850. Traders should monitor these levels for potential trading opportunities," Yedve added. Meanwhile, Shrikant Chouhan, head of equity research at Kotak Securities, pointed out that the market is consistently facing resistance near the 24,450 zone. A small bearish candle near this important resistance level indicates indecisiveness between the bulls and the bears. On the upside, Chouhan believes 24,450 would be the immediate breakout level for the bulls. Above this level, the market could rally toward 24,550–24,600. "On the other hand, if the market falls below 24,250, selling pressure is likely to accelerate. Below this level, we could see a quick correction down to 24,150–24,100," said Chouhan.
