The sell-off through the second half of the financial year also took a toll on broader market. For the full fiscal year, the Nifty Mid-cap 150 index rose 5.7%, and the Small-cap 250 gained 2.3%.
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in
Markets staged a strong recovery on Thursday, led by banking stocks, as the Nifty rebounded from intraday lows. Analysts noted a positive technical setup at
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