Nifty Midcap 100 hits life-time high; Chalet Hotels, Nazara Technologies among key midcap stocks to watch out for
The Nifty Midcap 100 index has surged more than 27% this year so far, while the Nifty Smallcap 100 index has jumped over 30%. Both the indices have significantly outperformed the benchmark Nifty, which is up by 8% during the same period.
The rally in midcap and smallcap shares is showing no signs of slowing down. The Nifty Midcap 100 index gained a percent to hit an all-time high, riding past 40,000-mark on Tuesday led by a strong bullish momentum in midcap stocks.
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