A report by Nuvama Alternative and Quantitative Research suggests that the largecap cutoff may climb 17 per cent to Rs 99,200 crore, while the midcap threshold could rise to Rs 32,400 crore. This would mark the fifth consecutive increase for largecap stocks and the ninth for midcaps.
In January 2021, the cutoff for a stock to qualify as largecap was Rs 28,141 crore, while the midcap threshold stood at Rs 8,354 crore. The ongoing rise in market capitalisation (mcap) thresholds mirrors the sharp rally in domestic equities since the pandemic.
