MID AND SMALLCAP stocks have shown signs of recovery, with the BSE Midcap and BSE smallcap indices rising 5.8% and 7.7%, respectively, since March 28. Analysts attribute the recent run-up to moderation in commodity prices, attractive valuations, and expected improvements in earnings.
In the past few months, the bulk of the mutual fund flows came to mid and smallcap funds, which, in turn, made its way to these stocks. Smallcap funds, for instance, added 3 million folios in FY23, with the AUM rising to ₹1.33 trillion.
According to experts, higher margin requirements have dissuaded retail investors from directly punting in these stocks. The participation has dipped and retail investors have moved to the F&O segment.
Denne historien er fra April 22, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra April 22, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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