News From Press Amid market volatility, it may be time to prune small and midcap exposure

Amid market volatility, it may be time to prune small and midcap exposure

Source: Business Standard Nov 3, 2023

India’s stock markets recently saw six consecutive loss-making sessions, and October ended up as the worst month for the BSE Sensex and National Stock Exchange (NSE) Nifty this calendar year. The advance-decline ratio for the entire market fell to 1.02 during the month, indicating gainers exceeded losers by a small margin of 42 stocks. Within the narrower universe of Nifty 500, this ratio was even lower.

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