Finally small and Midcap companies are also giving up

In the year 2015, it was Small & Midcap companies who outperformed the Blue chip companies from Nifty 50 shares. The same happened even with mutual fund companies, where the return from Small & Midcap based funds have outperformed Index based funds.

The Nifty 50 index has closed the year 2015 with negative return of -3.10%. However for the same period Nifty Next 50 and the Nifty Midcap 50 index have given positive return of 9.72% and 3.72% respectively.

Year 2015 performance comparison between Nifty 50, Nifty Next 50 and Nifty Midcap 50 from Google Finance
Year 2015 performance comparison between Nifty 50, Nifty Next 50 and Nifty Midcap 50 from Google Finance

2016-YTD-comparision-nifty-50-nifty-next-50-nifty-midcap-50

Things have changed over the last two weeks trading in 2016. The Small and Midcap companies are going down more than blue chip companies. Year to date, Nifty has given the negative return of 7.69% where as the Small and Midcap index have given negative return of 10.50% & 14.96% respectively. There is a shift in sentiment where the sellers are trying to take money out from profitable trades.

2016 YTD performance comparison between Nifty 50, Nifty Next 50 and Nifty Midcap 50 from Google Finance
2016 YTD performance comparison between Nifty 50, Nifty Next 50 and Nifty Midcap 50 from Google Finance

Here are the Nifty Next 50 indics performance YTD

symbol first second diff percentage
CANBK 232.95 177.25 -55.70 -23.91
RELCAPITAL 438.30 346.85 -91.45 -20.86
PFC 201.40 161.00 -40.40 -20.06
RCOM 88.25 70.55 -17.70 -20.06
BANKINDIA 114.95 92.40 -22.55 -19.62
RECLTD 226.55 185.15 -41.40 -18.27
MOTHERSUMI 293.15 242.00 -51.15 -17.45
GLENMARK 921.90 764.35 -157.55 -17.09
TATAGLOBAL 146.20 121.85 -24.35 -16.66
SIEMENS 1200.65 1013.70 -186.95 -15.57
FEDERALBNK 56.00 48.00 -8.00 -14.29
MCDOWELL-N 2991.45 2590.25 -401.20 -13.41
RELINFRA 543.95 471.30 -72.65 -13.36
SAIL 48.35 41.90 -6.45 -13.34
BHARATFORG 892.00 775.90 -116.10 -13.02
UBL 947.55 829.30 -118.25 -12.48
CONCOR 1313.00 1155.05 -157.95 -12.03
UPL 438.10 388.00 -50.10 -11.44
INFRATEL 428.10 379.60 -48.50 -11.33
EXIDEIND 146.45 129.85 -16.60 -11.33
IBULHSGFIN 736.70 656.80 -79.90 -10.85
M&MFIN 242.15 216.20 -25.95 -10.72
DABUR 276.95 247.30 -29.65 -10.71
SRTRANSFIN 858.70 767.25 -91.45 -10.65
TATACHEM 401.45 359.00 -42.45 -10.57
OIL 383.00 347.00 -36.00 -9.40
MRF 39877.50 36193.20 -3684.30 -9.24
LICHSGFIN 510.05 463.65 -46.40 -9.10
AUROPHARMA 875.95 800.10 -75.85 -8.66
EICHERMOT 16855.55 15459.50 -1396.05 -8.28
GODREJCP 1319.40 1210.60 -108.80 -8.25
GSKCONS 6406.20 5898.15 -508.05 -7.93
APOLLOHOSP 1466.45 1350.10 -116.35 -7.93
BAJAJFINSV 1987.90 1831.90 -156.00 -7.85
DIVISLAB 1154.85 1067.40 -87.45 -7.57
BRITANNIA 2966.30 2765.30 -201.00 -6.78
BAJAJHLDNG 1659.20 1552.40 -106.80 -6.44
CUMMINSIND 1030.30 964.30 -66.00 -6.41
COLPAL 972.85 910.55 -62.30 -6.40
SUNDARMFIN 1378.00 1295.30 -82.70 -6.00
NMDC 89.85 84.55 -5.30 -5.90
ASHOKLEY 87.90 83.10 -4.80 -5.46
OFSS 3732.60 3548.10 -184.50 -4.94
GLAXO 3314.05 3162.25 -151.80 -4.58
JSWSTEEL 1032.20 990.95 -41.25 -4.00
TITAN 347.15 334.25 -12.90 -3.72
PETRONET 255.95 248.55 -7.40 -2.89
MARICO 226.15 219.65 -6.50 -2.87
IOC 428.55 416.90 -11.65 -2.72
HINDPETRO 836.20 822.40 -13.80 -1.65

Here are the Nifty Midcap 50 indics performance YTD

symbol first second diff percentage
JINDALSTEL 96.25 60.00 -36.25 -37.66
IDBI 88.85 55.55 -33.30 -37.48
JPASSOCIAT 11.90 8.80 -3.10 -26.05
ORIENTBANK 140.35 105.30 -35.05 -24.97
ALBK 69.15 52.35 -16.80 -24.30
UNIONBANK 148.65 112.65 -36.00 -24.22
CANBK 232.95 177.25 -55.70 -23.91
GMRINFRA 16.40 12.65 -3.75 -22.87
ANDHRABANK 65.65 50.65 -15.00 -22.85
STAR 1289.35 1019.10 -270.25 -20.96
WOCKPHARMA 1528.70 1209.55 -319.15 -20.88
RELCAPITAL 438.30 346.85 -91.45 -20.86
IFCI 27.60 22.00 -5.60 -20.29
SYNDIBANK 87.75 70.25 -17.50 -19.94
BANKINDIA 114.95 92.40 -22.55 -19.62
KTKBANK 122.75 99.30 -23.45 -19.10
DHFL 235.25 190.65 -44.60 -18.96
JUBLFOOD 1483.85 1204.35 -279.50 -18.84
ADANIPOWER 32.25 26.40 -5.85 -18.14
JSWENERGY 85.05 70.25 -14.80 -17.40
UNITECH 6.65 5.50 -1.15 -17.29
TATAGLOBAL 146.20 121.85 -24.35 -16.66
VOLTAS 324.30 271.75 -52.55 -16.20
INDIACEM 96.85 81.30 -15.55 -16.06
JISLJALEQS 69.10 59.00 -10.10 -14.62
APOLLOTYRE 156.20 133.80 -22.40 -14.34
RPOWER 56.80 48.70 -8.10 -14.26
SUNTV 426.40 366.15 -60.25 -14.13
CESC 513.60 444.75 -68.85 -13.41
RELINFRA 543.95 471.30 -72.65 -13.36
SAIL 48.35 41.90 -6.45 -13.34
L&TFH 65.15 56.70 -8.45 -12.97
AJANTPHARM 1331.75 1162.55 -169.20 -12.71
IRB 243.65 213.25 -30.40 -12.48
BATAINDIA 521.95 460.25 -61.70 -11.82
TATACHEM 401.45 359.00 -42.45 -10.57
GODREJIND 379.20 341.95 -37.25 -9.82
HAVELLS 304.70 276.25 -28.45 -9.34
MRF 39877.50 36193.20 -3684.30 -9.24
NHPC 21.05 19.15 -1.90 -9.03
BIOCON 518.10 481.55 -36.55 -7.05
SOUTHBANK 19.35 18.05 -1.30 -6.72
ASHOKLEY 87.90 83.10 -4.80 -5.46
TVSMOTOR 289.80 274.20 -15.60 -5.38
HINDZINC 146.40 139.00 -7.40 -5.05
JUSTDIAL 842.75 800.25 -42.50 -5.04
OFSS 3732.60 3548.10 -184.50 -4.94
SKSMICRO 499.05 477.70 -21.35 -4.28
PETRONET 255.95 248.55 -7.40 -2.89
IGL 529.00 552.30 23.30 4.40

Muthuraj Paulraj

Passionate about investing and trading in Options.