Nearly half of Nifty Smallcap stocks trade 20-42% below 52-week highs. What should investors do?

Nearly half of Nifty Smallcap stocks trade 20-42% below 52-week highs. What should investors do?

Investor interest in small-cap stocks on Dalal Street seems to be gradually fading, as many of them are now trading significantly below their recent highs. This decline in enthusiasm follows a period when small-cap stocks garnered substantial attention, which drove their valuations to elevated levels. In recent years, small-cap stocks benefited from strong investor sentiment, … Read more

Stocks to buy: NOCIL to Axis Bank – ICICI Direct suggests 5 shares with up to 8% upside

Stocks to buy: NOCIL to Axis Bank - ICICI Direct suggests 5 shares with up to 8% upside

Indian stock market: The Indian stock market benchmark index Nifty 50 ended its five-session winning streak on Wednesday, June 19, due to profit-taking at higher levels. The Nifty 50 reached a new peak of 23,664 during the session but retreated from those levels to close down 42 points, or 0.18%, at 23,516. During the session, … Read more