Dalal Street’s focus shifted to midcaps in October as the upside got capped in largecaps. In their hunt for alpha, domestic money managers pushed up shares of infrastructure firms and capex-driven midcap businesses all through October even as they offloaded some bank and financial services stocks from this space.
Stocks like Godrej Industries, Motilal Oswal Financial Services (MOFSL), 3M India, Escorts, Federal Bank, Jindal Steel and Power (JSPL), Adani Enterprises, Godrej Properties, ..