BSE Mid-Cap Index Rises 0.78%, Led by Aegis Vopak Term's 8.54% Gain
The mid-cap segment has demonstrated strong resilience, with the BSE mid-cap index increasing by 0.78% today and 2.08% over the past week. A favorable advance-decline ratio of 2.76 indicates positive market sentiment, led by Aegis Vopak Term's impressive 8.54% return. However, Sun TV Network has underperformed with a -4.04% return. Upcoming earnings announcements from companies like Tata Elxsi and Persistent Systems may further impact market trends. Overall, the mid-cap market exhibits a mix of bullish and sideways movements, suggesting both growth potential and volatility.
The mid-cap segment has shown notable resilience and performance in recent trading sessions, with the BSE mid-cap index rising by 0.78% today and an impressive 2.08% over the past five days. The advance-decline ratio reflects a healthy market sentiment, with 105 stocks advancing compared to 38 declining, resulting in a robust ratio of 2.76.Among the standout performers, Aegis Vopak Term has emerged as the best performer in this segment, boasting a return of 8.54%. Conversely, Sun TV Network has struggled, recording a return of -4.04%, marking it as the worst performer in the mid-cap space.
Several companies are set to announce their earnings soon, including Tata Elxsi on October 9, Persistent Systems on October 14, and L&T Technology on October 17. The upcoming results could further influence market dynamics.
Overall, the mid-cap segment is characterized by a mix of bullish and sideways trends, with stocks like 360 ONE and Biocon showing mild bullish tendencies, while SAIL and MRF are leaning towards a more bullish outlook. This diverse performance landscape highlights the potential for growth and volatility within the mid-cap market.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
