Small-cap mutual funds are lapping up funds, receiving massive inflows over the last 6 months. But there are not investment opportunities to deploy th
Barring Nifty Metal index (up 0.83%) all other sectoral indices on the NSE opened lower.
The company reported a 43.3% rise in its net profit Rs 99 crore in the fourth quarter in FY21 from Rs 69 crore due to sharp cost controls
Vaibhav Agrawal, Chief Investment Officer, Teji Mandi, shares investment insights.
28 of 30 Sensex stocks ended in the red. M&M, SBI, Axis Bank, ICICI Bank & IndusInd Bank all lost over 3%.
Banks stocks were in demand after the apex court refused to extend the moratorium on bad loans for borrowers hit by the pandemic.
The BSE Smallcap index has soared 64% during the past year, while midcap and the benchmark Sensex have gained 64% and 51%, respectively