The index has gained 5% in the last six months and 20% in the last one year compared to Nifty’s -1.7% and 12% returns during these periods. The ratio line of the Nifty Midcap 100 to Nifty 500 index has also recorded a breakout from five years of consolidation. This, according to analysts, indicates an acceleration of upward momentum in the broader market.
Mid and smallcap earnings to outshine Nifty 50 despite valuation concerns: Manish Sonthalia
Manish Sonthalia of Emkay Investment Managers suggests buying on dips in the current market, supported by earnings, macros, and global flows. He favors public sector