Promoters increased their stake in 16 smallcap companies during the March quarter of FY26, signaling confidence. Religare Enterprises saw the sharpest rise of 4%, followed by Electrosteel Castings with a 3.9% increase. Other notable companies include PC Jeweller and JK Paper, with promoters boosting their holdings.
Markets supported by liquidity, but valuations running ahead of fundamentals: Sameer Dalal
Indian markets are supported by strong domestic liquidity, but valuations are questioned against fundamentals and growth expectations. Sameer Dalal of Natverlal & Sons Stockbrokers remains