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Sectoral Analysis

Big balloon for small-cap stocks(The Hindu Business Line 11th Jan 2008)Bubble in the small-cap stocks have been deflated somewhat this week, but analysts feel froths are still dominating the space.
The BSE Small Cap index corrected by around 7.5 per cent in the last one week, but there are hundreds of stocks beyond the index, which are yet to correct.Gloomy picture
According to Thursday’s circuit summary on the BSE, 947 stocks hit the lower circuit filter against the 129 stocks that hit the upper ceiling. Advance/decline ratio also painted a gloomy picture as 87.3 per cent of the total traded stocks on the BSE (2,912 stocks traded), ended in red against just 12 per cent (or 351 stocks) which closed the day in the green.More
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