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After a strong rally in midcap and smallcap stocks in the last one year, one might on the face of it, tend to believe that switching to largecaps is ideal. But, from a valuation standpoint, the midcap and smallcap indices are still trading well below their historical averages, says Pawan Bharadia, managing director, Equitree Capital Advisors. While there is exuberance in some pockets of mid and smallcaps, there are enough and more opportunities within the smallcap space where valuations are reasonable and may continue to generate alpha returns even from hereon, Bharadia said. Edited excerpts from an interview with ETMarkets: Is it time to switch to largecaps, or is there more steam left in the midcap and smallcap space? Midcaps and smallcaps indices have had a good run over the last year, delivering 40-44% returns, whereas the Nifty has given a somber 9% return only over the same period.

Day trading guide for today: Indian stock market continue to trade mix as selling pressure in IT and pharma stocks dent every bulls' attempt to outperform bears during Thursday deals. Nifty 50 and BSE Sensex ended marginally lower while Nifty Bank index finished in green territory. The 50-stock index ended 9 points lower at 19,802 levels while 30-stock index ended 5 points lower at 66,017 mark.

Uttarkashi tunnel collapse, 1) Speaking to ANI, Managing Director and CEO of Squadron Infra and Mining Pvt Limited, Cyriac Joseph said, “We are here to support the team and we are working effortlessly. Our priority is the safety of the trapped labourers so that's why we have got a drone so that we can monitor their situation." 2) “The drones are of the latest technology that can go inside the tunnels. It goes autonomous in accessible areas and then you can access it there at any convergence.

Buy or sell stocks for today: Selling pressure in pharma and IT sector stocks continue to dent bulls' attempt to outperform bears and Indian stock market ended mixed on Thursday. Nifty 50 index ended 9 points lower at 19,802 levels while BSE Sensex lost 5 points and closed at 66,017 mark.

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Sensex eased 5.43 points to close at 66,017.81, while the Nifty 50 fell 9.85 points, or 0.05%, to settle at 19,802.00. Nifty 50 formed a small negative candle on the daily chart with an upper shadow. Also Read: F&O Ban List: HPCL, India Cements, 7 others placed under futures & options ban for Nov 24 “Technically, this pattern indicates a continuation of range movement in the market.

stock exchanges this week for non-compliance of Securities and Exchange Board of India's listing requirements pertaining to composition of board directors. BPCL, HPCL, Indian Oil, ONGC, GAIL, Indian Railway Finance Corp, Garden Reach Shipbuilders & Engineers and Ircon International, among others, received notices from BSE and NSE separately, asking them to pay up a fine of ₹5,42,800 each to both the bourses.

bond markets to raise capital for infrastructure projects, with big names such as the National Bank for Financing Infrastructure and Development as well as large public sector banks eyeing fund raises worth close to ₹30,000 crore in coming days. Sources aware of the developments told ET that NABFID is eyeing a bond sale worth up to ₹10,000 crore, while the Delhi-Mumbai Expressway aims to garner funds worth up to ₹3,000 crore. Amongst banks, state-owned lenders Bank of Baroda and Canara Bank are looking to raise funds worth up to ₹10,000 crore and ₹5,000 crore, respectively, through the issuance of infrastructure bonds, the sources said. The massive bond pipeline comes at a time when government bond yields have eased significantly from seven-month highs touched in early October.

banking sector compared to the Nifty 50. Strong bank balance sheets, a fresh start to the credit cycle, and reasonable valuations compared with the broader market present an opportunity for investors to allocate to this sector over the next six months, say wealth managers. «Since the pre-Covid level, the BFSI sector has underperformed broader markets by 4%. Such massive underperformance was last seen during the Global Financial Crisis which may be justified due to many financial institutions collapsing globally,» said Sahil Kapoor, market strategist at DSP Mutual Fund. Kapoor said that banks have strong balance sheets, reasonable valuations and exposure to these funds also gives access to high growth segments like insurance, asset management (mutual funds), wealth management, broking, depository and fintech. The banking sector has lagged the benchmark indices over one- and three-year periods.

sugar companies were among the top gainers on Thursday on expectations that prices would firm up on supply shortages in key states like Maharashtra and Karnataka. Out of the 35 sugar stocks on the BSE, 30 rallied in Thursday's trade. Avadh Sugar soared 13.20%, Magadh Sugar jumped 12.8% and DCM Shriram rose 10%.

Zomato and Swiggy are planning to approach goods and services tax authorities to explain their position, after they received notices seeking tax on delivery fees collected from consumers. The issue could have wider implications, as a senior government official said other companies collecting such fees from users could also be asked to pay tax on the amount, which the platforms claim that they pass on to their delivery partners.

IREDA) was subscribed 38.8 times on Thursday — the last day of the issue — led by strong demand from all investor categories. The highest bids came from the QIB category, which was subscribed nearly 105 times.

expert panel on the Uttarakhand tunnel disaster indicated that construction was caught in a 'shear zone' situation and lacked the required escape route or piped passage in case of emergencies, it is learnt. As per guidelines, any tunnel of more than 1.5 km must have an escape passage for emergencies. Project proponents claimed that there was a piped escape passage in place until a few days before the tunnel collapse, but it was removed for some reason, it is learnt. The tunnel collapsed on November 12 and an expert committee was set up on November 14. Key to the collapse was in all probability the 'shear zone' it hit, first expert observations indicated. Debris observed at the tunnel collapse site shows the metamorphic phyllite rock in pulverised form, as per preliminary observations. This 'shear zone' was probably missed at the time of inspections before drilling began.

World Health Organization (WHO) on the mysterious respiratory illness that is spreading in China, even as it has said there is no need to panic, said people with knowledge of the matter. «We will be reviewing once we have the complete information on the illness from the WHO.

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Disaster Management Authority (NDMA) will come up with standard operating procedures (SOP) on tunnel rescue after discussing it with other stakeholders, officials said. The apex disaster management body is headed by Prime Minister Narendra Modi.

Silvergate Capital said on Wednesday it had fully repaid all remaining deposit liabilities, following the bank's decision earlier this year to wind down operations. Silvergate, which now holds less than $10,000 according to the statement, said in March it intended to voluntarily liquidate after being hit with losses following the dramatic collapse of crypto exchange FTX. «Silvergate continues to focus on implementing the Bank Liquidation,» it said in a statement on Wednesday. California-based Silvergate, once among the crypto industry's favored banks, had reported a $1 billion quarterly loss before the winding down decision, as investors spooked by the FTX debacle pulled out more than $8 billion in deposits.

As the holiday season unfolds, the allure of festive spending, enticing Black Friday deals and the thrill of shopping can often lead to impulsive purchases, putting a strain on budgets and mental well-being.

Studying-in-Germany.org, it was observed that the number of Indian students in Germany has increased by 107% in 4 years. Earlier China had been the biggest source of international students in Germany but this position was taken over by India recently. Currently, 39,137 Chinese students are enrolled in German universities.

JSW Steel on Thursday said it has completed the Rs 750 crore investment in JSW Paints Pvt Ltd (JSW Paints). Like JSW Steel, JSW Paints is a group company of Sajjan Jindal-owned JSW Group.

In this era of digital and remote business operations, it’s not uncommon to hear that choosing the location of a company’s headquarters isn’t as important a decision as it used to be. However, if an entrepreneur is launching a decentralized finance company, they’d be wise to set that advice aside. Launching in a relatively young industry with unsettled regulatory environments and unique talent needs means choosing a headquarters locale is actually a critical decision.