Mid- & small caps do well in Sept, and it looks no different this time
· Business · Economic Times
September historically favors mid- and small-cap stocks over large-caps, and analysts expect this trend to continue this year. Over the past decade, the Nifty Midcap 100 and Nifty Smallcap 250 advanced in seven out of 10 Septembers. In contrast, the Nifty 50 and Nifty 500 rose in five Septembers each over the same period, recording average losses of 0.27% and 0.17%, respectively. Analysts anticipate limited upside for the Nifty benchmark due to recent weakness in heavyweight sectors and the resumption of foreign investor selling. Domestic fund flows remain concentrated in mid- and small-cap stocks, while paper supply across primary and secondary markets is expected to pressure large-caps.
Why it matters
Indian equity investors focusing on domestic portfolios face a market where broader indices are likely to outperform heavyweight sectors amid foreign outflows and primary market supply pressure.
Read the original report — Economic Times
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