Midcap stocks faced heavy selling in February, dropping up to 30% as investors booked profits and cut losses. Global concerns, including Trump’s tariff threats and US slowdown fears, along with weak Q3FY25 earnings, weighed on sentiment. The BSE Midcap index plunged 10%, with 123 of 132 stocks ending in the red. Key losers included RVNL, Tube Investments, IREDA, and Mphasis.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to
May 28, 2025