Year-ender 2023: This tug-of-war between the bulls and the bears on Dalal Street was influenced by a zillion factors that unfolded during the course of the year. In this special year-ender 2023 section, ETMarkets has tried and wrapped all of those events. So, lets do a recap of all of those movers and shakers on D-Street.
The surge in popularity of SME stocks among retail investors in India has caught the attention of the market regulator, SEBI. The BSE SME IPO index has seen a 1,900% increase since the end of 2019, with average returns of over 80% for SME IPOs listed in 2023. SEBI s move to implement stricter regulations to curb price manipulation has caused a decline in the segment, with the BSE SME IPO index falling 2.5% and three out of four SME stocks on NSE experiencing a decrease. Experts suggest that while there are opportunities in the SME space, careful selection is crucial.