Large Cap Segment Leads Market Growth

Jan 02 2024 04:00 PM IST
share
Share Via
The large cap segment has been the top performer in the stock market, with a 7.07% increase in the last 30 days. Lupin emerged as the top performer in this segment, while the midcap and small cap segments saw a slight decline. Upcoming results of major companies like Infosys and Kotak Mahindra Bank will be closely watched. Technical calls have shifted from bullish to mildly bullish for various stocks. Investors should also keep an eye on the upcoming results of TCS, HDFC Bank, ICICI Bank, Infosys, Bajaj Finance, and Reliance Industries.
Reliance Industries - 18th Jan 2024
The stock market has been a rollercoaster ride in the past few months, with various factors driving the market. Today, we have observed that the large cap segment has been the best performer, with a 7.07% increase in the last 30 days. This is in contrast to the midcap and small cap segments, which have seen a slight decline of -0.08% and -0.03% respectively. In the large cap index, Lupin has emerged as the top performer with a return of 6.28%. The advance-decline ratio of stocks in this segment is also positive, with 43 stocks advancing and 58 stocks declining, resulting in a ratio of 0.43%. Investors will be keeping a close eye on the upcoming results of some major companies in the large cap segment. Infosys is set to declare its results on 11th January 2024, while Kotak Mahindra Bank has recently been upgraded from hold to buy on 1st January 2024. In terms of technical calls, Zomato Ltd, NTPC, Siemens, State Bank of India, Titan Company, Shriram Finance, Infosys, United Spirits, ICICI Bank, UltraTech Cement, Cipla, Kotak Mahindra Bank, Lupin, Bajaj Holdings, TVS Motor Co., Adani Enterprises, Tata Power Co., Cholamandalam Investment and Finance, Ashok Leyland, Tube Investments, and Max Healthcare have all seen a shift from bullish to mildly bullish on 1st January 2024. Investors should also keep an eye on the upcoming results of TCS, HDFC Bank, ICICI Bank, Infosys, Bajaj Finance, and Reliance Industries, which are all set to declare their results in the next few days. Overall, the large cap segment seems to be driving the market today, with positive returns and upgrades in stock ratings. Investors should stay informed and make strategic decisions based on the latest market trends.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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