“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.”
Budget over, bulls back faster, higher, stronger
The NSE Nifty rose 428.75 points, or 1.76%, to close at a record of 24,834.85. The index hit a lifetime high of 24,861.15 during the