How momentum picks multibaggers

Today’s Daily Byte

The much-anticipated Fed meeting took place, and we saw a half percent cut. However, the markets were not particularly enthused by this development. In today’s DB, we will also discuss how India is moving ahead of China on certain parameters.

We will see where is the market headed in the video below !

Reading Time : 4 Minutes

How momentum picks multibaggers

Since the COVID-19 market crash, many small-cap stocks have shown remarkable growth. According to a recent analysis, a large number of companies have seen their stock prices increase by ten times since the market bottom in March 2020. A “ten-bagger” refers to a stock that has multiplied tenfold, and it’s clear that smaller companies, particularly those with a market cap of less than ₹1,000 crore at the time, made up the bulk of these success stories.

Reading Time : 3 Minutes

Breaking out of the middle class mould ?

A fascinating point about the middle class is how they drive consumer demand, not just because of their purchasing power but because they are attractive borrowers. Middle-class consumers often finance their purchases through loans and EMIs (Equated Monthly Installments), allowing them to upgrade their lifestyle consistently. From buying a two-wheeler to moving up to a car, then upgrading to a luxury vehicle, or from owning a small home to investing in a bigger house, the desire to live a better life fuels this cycle.

Reading Time : 3 Minutes