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

After UCO Bank, Canara Bank and Bank of Baroda to hike interest rates from August 12

After UCO Bank, Canara Bank and Bank of Baroda to hike interest rates from August 12

Public-sector banks such as Bank of Baroda, Canara Bank, and UCO Bank, have increased their Marginal Cost of Funds-based Lending Rates(MCLR) in different tenures which will result in higher costs for consumer loans. Marginal Cost of Funds based Lending Rate (MCLR) is the minimum lending rate below which a bank is not allowed to lend … Read more