The share of mid-cap and small-cap companies in India’s total market value reached a record high in May. Fund managers caution that the sharp rise in these shares may be excessive, citing excessive valuations in the segment.
Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30. The move follows an
IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. The bank reported strong
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