Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Even though the recent rally in the market has been broad-based, small-cap stocks have been outperforming their larger peers, hinting that investors see growth coming from smaller companies. Since June 20, 2022 when the market hit the most recent bottom, the BSE Smallcap index has rallied nearly 18 percent. In comparison, the BSE Sensex has gained 13 percent and the BSE Midcap 16 percent in the same period. A cursory glance at the data shows outperformance is not centred on a single sector but across industries. Nonetheless, some of the biggest gainers come from auto ancillaries, capital goods, chemicals, construction materials and realty, IT and healthcare. Stocks of these sectors are benefitting from recovery in economic activities and capital expenditure that they have planned. For … [Read more...] about Small names, big leaps: Analysts pin their hopes on small-caps to make money
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Technical View | Nifty forms bullish candle, 17,800 a possibility now
Domestic equities started the week on a strong note on August 8, as the Nifty50, after initial volatility, stayed strong for the rest of the session and reclaimed 17,500 to close nearly a four-month high. The index formed a bullish candlestick pattern on the daily charts, a session after it witnessed Doji formation. Hence, the Nifty moving towards 17,800 in coming sessions seems like a possibility now, and traders can go long with a stop-loss at 17,359, the low point of Monday, experts said. The bullish candle formation appears when the market closes above opening levels. Banking & financial services, auto, and metal stocks were the drivers in today's session. The broader markets also gained momentum after a mixed trade in the previous session. The Nifty Midcap 100 and Smallcap 100 indices climbed six-tenth of a percent and a third of a percent, respectively but the breadth was not looking very strong as about 1,090 shares advanced against 876 falling shares on the NSE. … [Read more...] about Technical View | Nifty forms bullish candle, 17,800 a possibility now
Roomba Maker iRobot Cut 10% Of Its Staff: Here Are The Major U.S. Job Cuts As Recession Fears Grow
Share to Twitter Share to Linkedin Topline Major U.S. companies have laid off thousands of employees so far this summer, as CEOs fear soaring inflation could tip the economy into a recession. Timeline Aug. 5, 2022 iRobot , the maker of Roomba, cut 10% of its workforce (140 employees), as the company restructures after being purchased by Amazon for $1.7 billion, the company told Forbes, adding the job cuts were not related to the acquisition. Aug. 4, 2022 California-based video game developer Jam City laid off between 150-200 employees — roughly 17% of its workforce — VentureBeat reported , stating the cuts come “in light of the challenging global economy and its impact on the gaming industry.” Aug. 3, 2022 Walmart —the largest private employer in the United States—plans to cut 200 of its corporate employees as the company seeks to restructure, the Wall Street Journal reported , citing anonymous sources. Aug. 2, … [Read more...] about Roomba Maker iRobot Cut 10% Of Its Staff: Here Are The Major U.S. Job Cuts As Recession Fears Grow