Nifty Midcap 150 reached a record high, and Smallcap 250 neared its peak. However, the broader market breadth shows a weak trend with few gainers. Concentrated fund flows into mid and small caps are driving select indices higher. Foreign institutional investors have exited bluechips, causing the Nifty 50 to underperform. The market is in a consolidation phase, awaiting improved buying interest in largecaps.
HDFC Bank shares fall for 2nd day but Jefferies, others brokerages remain bullish. Should you buy the dip?
HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. Jefferies, Motilal Oswal,