The mid and small cap stocks have caught the fancy of
investors in the past couple of months as analysts across Dalal Street feel
that they are likely to lead the next leg of the rally.The Sensex ended the day
at 24,684.85; up 467.51 points. The Nifty closed at 7,362.50; up 132.55 points.
Expectations are running high that the Bharatiya Janata Party and Narendra Modi will revive economic growth and kick start the investment cycle, which would have direct impact on most of these mid and small cap stocks.
Expectations are running high that the Bharatiya Janata Party and Narendra Modi will revive economic growth and kick start the investment cycle, which would have direct impact on most of these mid and small cap stocks.
Banks Recapitalise
The formation of a Bank Investment
Company (BIC) will make it easier for the government to recapitalise
state-owned banks, feels Harsh Vardhan, Partner, Bain & Company. The
Finance Ministry is mulling a new Bill for a holding company structure for
public sector banks. If the Bill is passed, the government can transfer all PSU
bank equity into the holding company called BIC.
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