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Small & midcap outflows rise: Where is smart money moving? Sanjay Shah answers

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[hfe_template id='11223'] [ad_1] After a period of heavy selling in small and midcap stocks, investors are now re-evaluating their investment strategy. With retail investors holding firm despite market volatility, the focus is shifting towards balanced advantage funds, multi-asset allocation, and largecap schemes, according to Sanjay Shah, CMD at Prudent Corporate, who recently spoke to ET Now about the latest investment trends. While small and midcap stocks have seen significant volatility in the past few months, retail investors have not rushed to redeem their holdings. Shah noted, "Frankly, retail level pain has not come yet, retail has not redeemed at all. So, it is very difficult to say whether the pain will come back or not." However, he cautioned that as the market recovers, some investors may book profits, leading to gradual redemptions in small and midcap funds. Where Is the new money flowing? With investors seeking stability over high-risk bets, there...

Cement firms likely to see profits halve in September quarter

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[hfe_template id='11223'] [ad_1] Domestic cement producers are likely to see their profits halve year on year in the September quarter as lower-than-usual volume growth and over three-year low prices of the building material hit realisations, analysts said. While lower pet coke prices will provide some respite to the cement makers, it will be inadequate to offset the impact of pricing on operating margins. Given that intense competition in the sector is expected to keep prices subdued in the near term, earnings downgrade is likely for the players, they added. The September quarter is generally weak for cement producers as demand is lower on account of the monsoon rains, which slows down construction activities. While volumes were 1-2% higher than the year-ago period, led by a pick-up in the last leg of the quarter, the overall quarter remained weak, with prices lower by 5-8% on year. “Multiple factors like delayed government spending post general elections, strong monsoo...