Saturday, August 2, 2008

Party is on for mid-caps



The party is on for mid-caps , but not without a word of caution from the experts. The market is likely to stay bullish for small and mid-caps. On Friday, upper circuit was applied to as many as 239 mid-caps and small-cap counters, out of 2,732 scrips traded on the Bombay Stock Exchange during the day.

For retail investors, those who have been staying off the markets of late, there may be an opportunity. Market experts say that small and mid-cap shares can give good returns in the short-term , if one is ready to take some risks.

There is a clear buying indication in the mid and small-cap segment. After a seven-month long erosion in the valuation of the scrips in the two segments, the prices are down by almost 60 to 70% from their all-time (January) highs. So, for smart investors, here's an opportunity for bargain-hunting

allvoices

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