GAGA Share Market News

[hfe_template id='11223'] [ad_1] The age-old stock market cliche of 'sell in May and go away' has proven true this year, thanks to general election related uncertainties. The bleak mood was reflected in the volatility index, which shot up as much as 87% during the last one month. The concerns over ruling Bharatiya Janata Party (BJP) not winning a thumping majority of over 400 seats weighed on investors' sentiments including the foreign investors, who dumped equities worth over Rs 43,000 crore in the month. DIIs, on the other hand, were unwavered and pumped in around Rs 53,000 crore into equities during the same period. Benchmark Sensex shed 0.8% during May and the broader Nifty lost over 0.5%. The broader market, on the other hand, has seen mixed trends with smallcaps witnessing sharper cuts, while investors kept buying midcap stocks. The BSE Smallcap index was down about 0.86% in the reporting month, but in contrast, the Midcap index gained 1.7%. In the BSE5...

[hfe_template id='11223'] [ad_1] Synopsis After a phase where they once again relatively out performed, mid cap stocks are witnessing a sort of profit booking. A rotational move in terms of one set of stocks from a sector witnessing correction, while the other moves up based on what kind of numbers are getting released for the Q4. During this phase, analysts are bullish on select stocks from different sectors, a number of the stocks on which analysts are bullish are essentially leaders of their sector.ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users. More than the absolute level of the mid-cap index, it is market breadth which is more important at this point of time. The way mid-cap stocks have performed in the last one week the biggest question would be w...