Largecap, midcap threshold rises 25% amid market rally
Business Standard|July 06, 2024
The market capitalisation (mcap) threshold for a stock to qualify as largecap and midcap has risen to 84,325 crore and 27,564 crore, following the latest rebalancing exercise by the Association of Mutual Funds in India (Amfi), an industry group.
SAMIE MODAK

This threshold has jumped around 25 per cent from ₹67,000 crore and ₹22,000 crore, respectively, after the end of the previous rebalancing in December 2023.

Domestic equity markets had clocked their best half-yearly performance since 2021.

During January-June 2024 (H1 CY24), benchmarks Nifty 50 and BSE Sensex rose 10.5 per cent and 9.4 per cent, respectively.

Meanwhile, the BSE Midcap and Smallcap indices outperformed, gaining 25 per cent and 22 per cent, respectively. Based on the halfyearly performance of stocks, Amfi revises the list of largecaps, midcaps and smallcaps.

Bu hikaye Business Standard dergisinin July 06, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin July 06, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
FEF and Dharmatic Entertainment Collaboration Unveiled at the 3rd FEF Annual Gala
Business Standard

FEF and Dharmatic Entertainment Collaboration Unveiled at the 3rd FEF Annual Gala

The Fashion Entrepreneur Fund (FEF) and Dharmatic Entertainment Pvt.Ltd., the digital content arm of Dharma Productions, announced an exciting new alliance during the 3rd FEF Annual Gala on September 05.

time-read
2 dak  |
September 10, 2024
Guindy Race Course jockeys for survival
Business Standard

Guindy Race Course jockeys for survival

The hearts of horse racing enthusiasts across India have been racing since Monday morning after Tamil Nadu's revenue department sealed the Madras Race Club in Guindy, the country's oldest horse racing venue.

time-read
2 dak  |
September 10, 2024
Raj Kapoor's restored Awara to musings from Manipur
Business Standard

Raj Kapoor's restored Awara to musings from Manipur

World premiere to include Indian film Superboys of Malegaon on the life of auteur Nasir Shaikh

time-read
3 dak  |
September 10, 2024
Business Standard

Smart choice: Consider interest rate, collateral, and co-signer

The number of Indian students pursuing higher education abroad doubled between 201920 and 2023-24, according to a recent report by CRISIL Ratings.

time-read
2 dak  |
September 10, 2024
Brokerages bullish on Bajaj Housing Finance
Business Standard

Brokerages bullish on Bajaj Housing Finance

BHFL's ₹6,560 cr IPO opened for subscription on Monday

time-read
3 dak  |
September 10, 2024
Market buoyancy spurs IPO rush
Business Standard

Market buoyancy spurs IPO rush

Since July over three dozen companies from diverse sectors have filed their DRHPs

time-read
2 dak  |
September 10, 2024
Business Standard

Ather Energy looks to raise ₹3,100 cr

Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO).

time-read
1 min  |
September 10, 2024
Business Standard

Linde India seeks SAT relief on valuation diktat

Industrial gases and engineering firm Linde India has sought relief from the Securities Appellate Tribunal regarding the valuation diktat stated in an order passed by the Securities and Exchange Board of India (Sebi).

time-read
1 min  |
September 10, 2024
FVCIs now get FPIs' governance playbook
Business Standard

FVCIs now get FPIs' governance playbook

Sebi mandates disclosure of beneficial ownership, allocates registration and monitoring responsibilities to DDPS

time-read
2 dak  |
September 10, 2024
Business Standard

Growth recovery, higher margins to drive gains for IT companies

In previews of Q2FY25 and beyond, industry analysts are expecting a turnaround for IT services.

time-read
2 dak  |
September 10, 2024