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Market Analysis

Mid-cap segment offers huge returns (The Economic Times 7th Jan 2008)If you have been reading business papers or watching TV channels, you would not have missed hearing the words ‘mid or small’ cap. Before defining what a mid or small cap is, here’s a primer, the word ‘cap’ or market capitalisation as it is known is calculated by multiplying a company’s shares outstanding by the current market price of one share. The investment community uses this figure to determine a company’s size as opposed to sales or total asset figures, says Investopedia. Accordingly, the number of small/mid-caps are far in excess of the large cap stocks. Large caps are the ones which form part of either the BSE Sensex-30 or the NSE CNX Nifty-50. More
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