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  • News From Press Midcaps run out of steam in October on profit booking

    Midcaps run out of steam in October on profit booking

    However, the speed of the midcap rally seems to have slowed down in October and have underperformed the benchmarks in October.
    Financial Express Oct 30, 2020

    Even though the markets have recovered from their March lows, midcap stocks seem to have lost steam. While the Sensex and Nifty have risen by 52.9% and 53.35% since March 23 till date, Nifty Midcap100 has outperformed the benchmarks with gains of 54.43%. However, the speed of the midcap rally seems to have slowed down in October and have underperformed the benchmarks in October.

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