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Despite Correction, Froth Yet To Settle On Small And Mid-Cap Stocks
SEBI has issued warnings regarding excessive exuberance in small- and mid-cap stocks, even urging mutual funds with such portfolios to conduct stress tests.
Indian Markets Find Their Footing Again
Indian stock markets were up, lifted by index heavyweights like Reliance Industries, HDFC Bank and Maruti. The BSE Sensex closed up 526 points up at 72, 996 and the NSE Nifty 50 was up 119 points to close at 22,124.
Small Cap Stock Promoters Secretly Dumped Shares Keeping Investors In The Dark
Promoters of three companies, BGR Energy Varanium Cloud And Ultracab, hid information from shareholders while they quietly sold their shares.
