'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.' Illustrations: Uttam Ghosh/Rediff.com Even as valuations in the small and midcap space......
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India’s top-drawer wealth managers.......
Most of the long-only funds are closed-ended.This means that investors have to lock in their money for a fixed period before they can take it back. Illustration: Uttam Ghosh/Rediff.com ......
The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25. Manojit Saha and Subrata Panda report. Photograph: Arko Datta/Reuters......
'Valuations were depressed at 8,000 (Nifty 50 index) levels. It was a free ride to 12,000 levels.''What went down had to come up. Now fundamentals have to support further gains.' Illustration:......