NEW DELHI: Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation.
Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
Market experts are optimistic about midcap and smallcap stocks for the next year, driven by factors like strong domestic consumption and government infrastructure spending.
Till December 23 this year, the BSE smallcap gauge has jumped 12,144.15 points or 28.45%, while the midcap index surged 9,435.09 points or 25.61%.
In contrast, the 30-share BSE benchmark Sensex has soared 6,299.91 points or 8.72%.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Sonu Sood slashes Fateh ticket prices to ₹99 for opening day
In a generous move, actor Sonu Sood has announced that his film Fateh, releasing today, will be priced at a mere ₹99.
All eyes on Rohit, Bumrah and Shami in CT selection
Selectors are due to name India's squad for the Feb 22-March 9 ICC Champions Trophy on Saturday
Digital Arrest Scams: All You Need To Know
Every day, we hear about digital scams and fraudulent calls leading to significant financial losses, often targeting vulnerable individuals.
Friendship, coaching rivalry and cricket connections
Sitting in the stands of the Birsa Munda Hockey Stadium, Craig Fulton was observing the Indian players in a training session of Hockey India League (HIL) franchise Team Gonasika.
Sinner Begins Title Defence vs Jarry
Jannik Sinner begins his Australian Open title defence against Nicolas Jarry while women's champion Aryna Sabalenka takes on 2017 US Open winner Sloane Stephens after the draw for the year's first Grand Slam was made at Melbourne Park on Thursday.
Australia tour rubble shows domestic cricket deserves more respect
India suffered two shattering jolts – first New Zealand and now Australia – but in the gloom there is a silver lining, what teams call 'positives'.
Mercedes Bets on Smaller Cities Amid Youth Spending
Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025—mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.
Rupee NDF volume hits record high on arbitrage activity
RBI interventions in the NDF market kept the local and NDF rates on par for much of 2024
Beyond Snack raises $8.3 mn in Series A funding round
Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global CEO of Reckitt Benckiser.
Small, mid-cap funds push MF inflows by 15% in Dec
Inflows into India's equity mutual funds rose about 15% month-on-month in December, with investors continuing their buying spree unaffected by the prospect of fewer U.S. rate cuts in 2025 and worries of likely moderation in earnings.
