Nifty Midcap 100 scales fresh peak, analysts see more upside ahead

May 28, 2026

The Nifty Midcap 100 index reached a record high for the fourth consecutive session, driven by strong corporate earnings and promising growth outlooks. Analysts anticipate this momentum to continue, with potential for 20% gains in the medium term, as midcap and smallcap stocks attract significant investor interest.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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