“We continue to believe that many mid-caps will grow into large caps and several small caps will become mid-caps, but the point is that not all mid-caps will become large caps. And in the same way, not every small cap will transition into a mid-cap. The key here is to find out the right company. Else, a mid-cap can reduce to a small cap while a small cap can whittle down to a micro-cap.”
Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?
Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week’s rally, when it