Latest news with #NiftyMidcap50
India Today
18 hours ago
- Business
- India Today
Sensex opens 228 points higher, Nifty above 24,800; Nestle gains 1%
Benchmark stock market indices opened higher on Friday, possibly due to buying from investors, amid rising tensions between Israel and Iran, leading to cautious sentiment on Dalal S&P BSE Sensex was up 160.43 points to 81,522.30, while the NSE Nifty50 gained 36.45 points to 24,829.70 as of 9:23 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that Nifty which has been trading within the 24500-25000 range for about a month now is likely to remain within this range in the near-term."The upper side of the range will be broken only on news of deescalation of the Israel-Iran conflict or an abrupt end to the war. There is uncertainty on this. The lower side of the range is unlikely to break since big buying, particularly by domestic institutions, will emerge on dips. If the war lingers and crude rises beyond $85 the lower band of the range will be broken," he & Mahindra led the early gainers with a 1.01% jump, followed by Bharti Airtel up 0.71%, Eternal up 0.70%, UltraTech Cement gaining 0.61%, and HDFC Bank rising 0.57%. On the losing side, IndusInd Bank dropped 0.90%, Bajaj Finance fell 0.49%, Tech Mahindra declined 0.37%, Kotak Mahindra Bank was down 0.21%, and Tata Motors slipped 0.10%.The broader market indices opened with mixed signals as Nifty Midcap 50 gained 0.04%, Nifty Midcap 100 rose 0.05%, while Nifty Smallcap fell 0.10% and India VIX dropped 4.15%.Among sectoral indices, several posted gains including Nifty PSU Bank up 0.63%, Nifty Realty rising 0.41%, Nifty Financial Services gaining 0.33%, Nifty Healthcare adding 0.21%, Nifty Pharma up 0.12%, Nifty Auto rising 0.11%, Nifty Private Bank gaining 0.06%, Nifty Metal adding 0.04%, and Nifty FMCG advancing 0.01%.advertisementHowever, some sectors opened in the red. Nifty Media declined 0.66%, Nifty Consumer Durables fell 0.38%, Nifty Oil & Gas dropped 0.14%, and Nifty IT slipped 0.12%."A distinct feature of the market trend visible in yesterday's trade was the weakness in the broader market. While Nifty remained almost flat, SMIDs cracked with the smallcap index correcting sharply by 2%," said Vijayakumar."This trend of weakness in the broader market is likely to continue since they are excessively valued and the ongoing risk-off can lead to further selling in this segment. Money may move from the over-valued SMIDs to the fairly valued, safe largecaps in financials, industrials, autos and real estate," he added.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
News18
14-05-2025
- Business
- News18
After Rs 23 Final Dividend, BSE Fixes Record Date For 2:1 Stock Split
Last Updated: BSE Stock Split 2025 Record Date: BSE Ltd announces a special dividend and regular dividend for FY25. BSE Stock Split Record Date: BSE Ltd has fixed the record date as Friday, May 23, 2025 for the announced stock split in the ratio of 2:1, meaning 2 (two) new equity shares of Rs 2 each for every 1 (one) existing equity share of the company. Record date helps for determining the eligibility of shareholders for issuance of Bonus Shares. 'In this regard, we wish to inform that the Company has fixed Friday, May 23, 2025, as the Record Date for determining the eligibility of shareholders for issuance of Bonus Shares," BSE Ltd said in the filing. On Tuesday, BSE Ltd stock jumped 5 per cent after the announcement of the stock split. A total of 53.85 lakh equities exchanged hands, with a value of Rs 3,878.84 crore. BSE Ltd has a market cap of Rs 98,892 crore, and is part of Nifty Midcap 50. BSE Final Dividend 2025 Record Date BSE Ltd board recommended payment of a special dividend of Rs 5/- to commemorate the 150th year of BSE Limited and a payment of Rs 18/- as a regular dividend resulting into a final dividend of Rs 23/- per equity share of face value of Rs 2 each. The record date to determine the shareholders who will be eligible to receive the final dividend, subject to shareholder's approval, will be Wednesday, May 14, 2025. The payment of dividend, if approved by the Shareholders will be completed on or before Thursday, September 18, 2025. This proposal is subject to approval of shareholders at the ensuing Twentieth Annual General Meeting of the Company.
Time of India
09-05-2025
- Business
- Time of India
CLSA upgrades MRF stock target to Rs 1,68,426, 21.7% upside expected
(You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: Brokerage CLSA has maintained its 'outperform' rating on tyre maker MRF and increased its price target to ₹1,68,426. The target implies an upside of 21.7% from Thursday's close of ₹1,38,355. The stock fell 1.4% on brokerage's analysts said in a note to clients that MRF's fourth-quarter profitability was higher than consensus, led by gross margin (GM) expansion on the back of softening raw material costs and the trickling effect of price hikes taken in the third quarter."We expect GM to continue to expand on the back of softening raw materials costs, especially crude-based derivative materials, to be reflected more from the September quarter," said the note. "Domestic natural rubber prices are yet to correct, we believe, and should add to margin expansion scope in the coming months."Shares of MRF moved up 23% in the past month, against the benchmark Nifty Midcap 50's gains of 7.4% in this period.
Entrepreneur
08-05-2025
- Business
- Entrepreneur
Nifty Midcap 50 Index Funds Offer Growth Access to Mid-Sized Companies
Mutual funds that track the Nifty Midcap 50 Index are gaining attention as investment vehicles that give investors exposure to mid-sized companies showing strong growth potential. These funds combine several... This story originally appeared on Due Mutual funds that track the Nifty Midcap 50 Index are gaining attention as investment vehicles that give investors exposure to mid-sized companies showing strong growth potential. These funds combine several key advantages for investors looking to expand their portfolios beyond large-cap stocks. The Nifty Midcap 50 Index represents a collection of medium-sized Indian companies that sit between small emerging businesses and established large corporations. These companies often demonstrate more growth potential than their larger counterparts while offering more stability than smaller firms. Key Benefits for Investors Investors choosing mutual funds that track the Nifty Midcap 50 Index gain several advantages. First, these funds provide instant diversification across 50 different mid-sized companies, spreading risk across multiple sectors and businesses. Professional management is another significant benefit. Fund managers handle the complex tasks of tracking the index, rebalancing the portfolio when needed, and managing inflows and outflows of capital—tasks that would be time-consuming for individual investors. Cost efficiency stands out as a third major advantage. Index-tracking funds typically charge lower expense ratios compared to actively managed funds, allowing investors to keep more of their returns. This cost advantage compounds over time, potentially leading to better long-term performance. Growth Characteristics of Mid-Cap Companies Mid-cap companies often occupy a sweet spot in the market. They've typically moved beyond the high-risk early stages of business development but still have substantial room to grow compared to large-cap corporations. These companies frequently demonstrate several attractive characteristics: Higher growth rates than large-cap companies More established business models than small-caps Greater flexibility to adapt to changing market conditions Potential to become tomorrow's large-cap leaders Market Performance and Considerations The Nifty Midcap 50 Index has shown periods of outperformance compared to broader market indices, though this comes with increased volatility. Investors should recognize that mid-cap stocks can experience sharper price swings during market downturns. 'Mid-cap funds offer growth potential that can complement existing large-cap holdings,' financial analysts note, pointing to the diversification benefits these funds provide in a well-balanced portfolio. For investors with medium to long-term horizons, these funds may provide an opportunity to capture growth in companies that are established enough to have proven business models but still small enough to have significant expansion potential. Investment Strategy Implications Financial advisors often recommend that investors consider their overall asset allocation when adding mid-cap exposure. These funds typically work best as part of a diversified strategy rather than as standalone investments. The ideal allocation to mid-cap funds varies based on an investor's risk tolerance, time horizon, and financial goals. Younger investors with longer time horizons might allocate a larger percentage to mid-caps, while those nearing retirement might maintain smaller positions. Regular rebalancing is also important when including these funds in a portfolio, as their performance can sometimes lead to unintended shifts in overall asset allocation. As with any investment, potential investors should review the specific fund's tracking error, expense ratio, and historical performance before making decisions. While past performance doesn't guarantee future results, these metrics can provide insight into how well a fund fulfills its stated objective of tracking the Nifty Midcap 50 Index. The post Nifty Midcap 50 Index Funds Offer Growth Access to Mid-Sized Companies appeared first on Due.
News18
07-05-2025
- Business
- News18
BSE Shares Zoom 10% After Net Profit Jumps 354% In Q4, Rs 23 Dividend Announced
Last Updated: BSE share price: BSE shares rally 10% after it reports 354% jump in net profit in Q4. BSE Ltd announces special and regular dividend of Rs 23 per share. BSE Share Price: BSE Ltd's shares zoomed 10 per cent intraday on Wednesday following a strong quarterly results and dividend announcement. Stocks climbed to Rs 6,847 apiece intraday against the previous day close at Rs 6,245 apiece. At the time of writing this report, the scrip was trading at RS 6,780 apiece with a gain of 8.57 per cent. A total of 73 lakh equities valued at Rs 4,878 crore have exchanged so far. The current market cap of BSE Ltd stood at Rs 91,805 crore, with the 52-week high and low at RS 6,847 and Rs 2,115, respectively. BSE Ltd is part of Nifty Midcap 50 index. BSE Final Dividend Record Date BSE Ltd recommended payment of a special dividend of Rs 5 to commemorate the 150th year of BSE Ltd and a payment of Rs 18 as a regular dividend resulting into a final dividend of Rs 23 per equity share of face value of Rs 2 each. It is subject to approval of shareholders at the ensuing Twentieth Annual General Meetings of the company. The record date to determine the shareholders who will be eligible to receive the final dividend, subject to shareholder's approval, will be Wednesday, May 14, 2025. The payment of dividend, if approved by the Shareholders will be completed on or before Thursday, September 18, 2025. BSE Q4 Results BSE Ltd reported that its net profit for Q4 FY25 stood at Rs 4911 crore, up 354 per cent YoY from Rs 1080 crore in Q4 FY24. The total income for FY25 stood at Rs 13,273 crore, as compared to Rs 7748 crore in FY24. The total income for Q4 FY25 stood at Rs 9263 crore, against Rs 5432 crore in Q4 FY24. The EPS of BSE Ltd grew to Rs 35.96 share for Q4 FY25, from Rs 7.74. in Q4 FY24. EBIT of BSE Ltd remained at Rs 6434 crore in Q4 FY25, against Rs 1286 crore in Q4 FY24. First Published: May 07, 2025, 11:51 IST
