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Markets
Mcap At Top-9 Cos Rises Rs 2.29 Lakh Cr
Charts Signal Indecisive Mode
Mutual Funds
PGIM India Mutual Fund launches PGIM India Multi Cap Fund
SMID mcap-to-GDP at highest level
SMID funds account for 87% of total flows in FY24
Small and mid cap index continue to outperform large cap index
Caution advised on mid & small cap stocks in the near term
Mid & small-caps remain vulnerable to correction since valuations are excessive
Small- & mid-caps outperform Nifty in 2023
Economy
Mid-cap space heading to correction
Positive bias above 19,453-19,483 zone
Institutions, retailers chase mid-&small-caps