Sebi’s recent circular asset allocation framework for multicap mutual funds has triggered small stocks. The Nifty Small-Cap 100 Index jumped 5.2% in trading on Monday, nearly 8% below its pre-covid highs. Analysts say this is a sentiment boost that will lift stocks only in the short term. But given that …
Read More »Geopolitical Tension, Profit Reserve: 5 Reasons Markets Corrected Today
After an initial blowout Monday morning that pushed the S&P BSE Sensex to the day high of 40,010.17, markets lost ground as the trade progressed. The S&P BSE Sensex lost more than 1,200 points in intraday trading to hit a low of 38,714.43 as trading progressed. Around 2:45 p.m., the …
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