Small, midcap rally may lose steam
Business Standard|October 24, 2024
After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the rally in these segments may pause to catch its breath in Samvat 2081.
PUNEET WADHWA
Small, midcap rally may lose steam

The S&P BSE Sensex and the NSE Nifty gained 26 per cent and 29 per cent, respectively, during the same period, according to data. Analysts believe the overall market mood will stay positive in Samvat 2081 as long as the geopolitical situation, especially in West Asia, and crude oil prices remain stable. The policies of global central banks, the outcome of the US presidential election, and corporate earnings growth in India will be on the market's radar.

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