“As seen in market upcycle, mid and smallcap stocks tend to outperform largecaps. Based on expectation of Nifty 50 creating a new high, we can expect this to translate into broader market outperformance as well..” said Vivek Goel, co-founder and joint MD at Tailwind Financial Services.
Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed