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Sensex, Nifty rally 7% in July; more than 100 stocks in BSE500 rose 10-80%

BSE Sensex and Nifty50 rallied over 7% each in July but the real action was in select mid & small-cap space. The S&P BSE Small-cap index and the S&P BSE Mid-cap index closed with gains of over 5% each. As many as 126 stocks in the BSE500 index rallied 10-80% in July that include names like Cadila Healthcare, PVR, Bank of Maharashtra, M&M, Dr Lal Pathlabs, L&T Infotech, and Laurus Labs, among others. A staggered buying strategy through SIPs in fundamentally strong small and mid-cap stocks is the right approach, especially when they are trading at decent valuations, experts suggest.

Read More at Moneycontrol News date : 1 Aug 2020, Saturday

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