Sensex Slips 400 Points; IndusInd Bank & Tata Steel Top Losers

Share markets in India are presently trading on a negative note. Benchmark indices fell nearly 1% today tracking weakness in global markets owing to coronavirus outbreak.

All sectoral indices are trading on a negative note with stocks in the telecom sectormetal sector and power sector witnessing most of the selling pressure.

The BSE Sensex is trading down by 396 points (down 0.9%), while the NSE Nifty is trading down by 122 points (down 1%).

The BSE MidCap index is trading down by 1.3%, while the BSE Smal-lCap index is trading down by 1.4%.

The rupee is currently trading at 71.42 against the US$.

Speaking of Indian share markets, we've been telling you about the rebound in small-cap stocks in 2020 for quite some time now.

And the market trend since the start of 2020 tells us, it's already happening!

Have a look at the chart below:

Small-caps Are Way Ahead of the Sensex in 2020

 

As you can see, since the start of 2020, small-caps have beaten large-caps by a wide margin.

But this is just the start.

We believe small-caps have a long way to go.

You can make good gains with a careful selection of smallcap stocks and long-term horizon.

As per Richa Agarwal, editor of our premium smallcap service Hidden Treasurefundamentally strong smallcap stocks will not only survive but thrive in the long term.

She has narrowed down on one such smallcap stock.

You can access the report here (requires subscription). And if you're not a Hidden Treasure subscriber, here's where you sign up.

Also, in the video, she talks about the ongoing economic slowdown, an upcoming rebound in the small-cap space, and her number 1 stock pick for 2020.

Moving on, as per a leading financial daily, India's tyre industry is worried over the continuing shortage of natural rubber in the market at a time when the automobile sector is showing signs of revival.

1 2 3
View single page >> |

To know what's moving the Indian stock markets today, check out the most recent 

more

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.