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Sebi may review rule for funds targeting overheated small caps
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Also Read: T+0 settlement to begin by March 28 on optional basis, says Sebi Chairperson Madhabi Puri Buch: Report Shares of small- and medium-sized companies have powered the record rally in Indian shares in the past year, with funds focused on these stocks getting nearly 40% of net equity inflows of $19.5 billion in 2023. A gauge of small-cap stocks dropped as much as 1.7% on Monday, the biggest intraday slide since March 6.
The measure trades at more than 22 times one-year forward earnings, higher than the 10-year average. It surged almost 50% in 2023.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
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AU Small Finance Bank merger with Fincare SFB to be effective from April 1; Should you buy, sell or hold the stock? livemint.com /9 months ago
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