Month-to-date, Nifty 50 and Sensex have climbed more than a per cent each. High volatility due to weak global cues has erased gains over the last few trading sessions.

The amount of risk that companies run by pledging shares are different for small and mid-cap companies than it is for large-caps. The betas are far higher in the case of small companies because if the market corrects, the stocks of such companies plummet, resulting in financial institutions selling these shares and putting further pressure on the stocks.  

A listed company issues bonus shares due to free reserves & surplus as well as to add fresh capital. 

Top losers of the session include IndusInd Bank, Power Grid Corp, UltraTech Cement and NTPC.

Nifty 50 slipped 0.55 per cent to close at 17,718.3. 

Shares of the company surged 2.91 per cent on the day. 

The benchmark equity indices continued to trade with nominal losses on September 21.

Major indices ended Wednesday’s trading session on a weak note, ahead of US Federal Reserve meeting scheduled later this evening. Nifty lost 0.55 per cent while Sensex dipped 265 points.

This multibagger outperformed BSE FMCG sectoral index by posting impressive gains of nearly 180 per cent, so far this year!

After hitting a swing low of 15,293.5, Nifty 50 started to recover. Even equity funds saw an increase. Here is a list of the top ten powerful equity funds that have returned over 20 per cent since the June lows.