Small- and mid-cap stocks have roared back thanks to better corporate performance and attractive valuations, with their respective sectoral indices touching new records last week. What's more, analysts expect these stocks to maintain their momentum as well.
The broader indices too are nearing alltime highs. However, while the S&P BSE MidCap and Small Cap saw gains of 11% and 11.7% during the last three months and 5.42% and 6.98%, respectively, last month, the three-month returns of the Sensex stood at 4.7% and one-month returns at 1.4%. "In the last six months, we have witnessed significant outperformance by mid- and small-cap indices compared to large-cap stocks, leading to a catch-up of multiples for the small- and mid-cap stocks after a period of relative underperformance in 2022," said Nishit Master, portfolio manager, Axis Securities PMS.
هذه القصة مأخوذة من طبعة June 12, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 12, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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