The Indian stock market is on a winning streak, with the Sensex gaining over 1% and the Nifty 50 almost 2% in May. The broader markets have significantly outperformed, boosted by easing geopolitical risks and better-than-expected Q4 earnings. Experts advise cautious investment in mid and small-caps.
3 min read29 May 2025Suzlon Energy shares fell 5% to ₹70.98, marking an eighth consecutive day of decline amid corporate governance concerns. Despite a 15% drop since September 25, the stock has surged 157% over the past year. Analysts predict potential large-cap reclassification by February 2025.
2 min read7 Oct 2024Mid-cap IT stock surges: Persistent Systems' share price surged to a 52-week high on September 11 following the announcement of its acquisition of SoHo Dragon Inc. The $4.7 million ( ₹39 crore) deal is expected to boost the company's revenue and strengthen its position in the BFSI sector.
1 min read11 Sep 2024