Nifty Midcap 100 scales fresh peak, analysts see more upside ahead

Image for article Nifty Midcap 100 scales fresh peak, analysts see more upside ahead
News Source : The Times of India

News Summary

  • Nifty Midcap 100 index reached a record high for the fourth consecutive session, driven by strong corporate earnings and promising growth outlooks.
  • Analysts anticipate this momentum to continue, with potential for 20% gains in the medium term, as midcap and smallcap stocks attract significant investor interest.
  • So far this year, the Nifty MidCap 100 index gained 3.4% while benchmark Nifty dropped 8.5% in the same period.
  • Top Trending Stocks: SBI, Axis Bank, HDFC Bank, Infosys, Wipro, NTPC.

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