NEW DELHI, Dec 29: Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had […]
Synopsis
This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time.
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According to market analysts, smaller stocks are generally bought by local investors while overseas investors focus on bluechips or large firms.
NEW DELHI: Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of Covid-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year.
Small stocks sparkle amid pandemic gloom; likely to shine in 2021 too
Small stocks sparkle amid pandemic gloom; likely to shine in 2021 too
NEW DELHI : Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small cap index surging up to 31 per cent and outperforming the bigger benchmark gauge.
This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year.