Wealth managers advise clients to reduce their exposure to smallcaps

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India’s top-drawer wealth managers.......

OMC shares sink up to 6% on fuel price cut

Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government’s decision to cut retail prices of petrol and diesel could hurt the companies’......

IT stocks on road to revival, may be dark horse this year

Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with......

Worst not over for bank stocks; sit on the sidelines for now, say analysts

Investors should view any bounce-back in bank stocks as an opportunity to exit the pack, analysts suggested, as the worst may not be over yet. Illustration: Uttam Ghosh/Rediff.com The recent......