Several penny stocks within the textile sector are witnessing a gain in price momentum aided by a huge partcipation from the investors. While the participation is increasing on the retail side there is heavy selling seen by atleast two FPI accounts that are mauritius based. 

BSE SmallCap Index is trading at all time high and so is BSE MidCap Index.

The broad based rally has ensured participation in the rally across teh sectors and across market capitalisation.

Keep eye on these six stocks on Tuesday

Similar to BSE Smallcap index, BSE Midcap index also climbed and managed to make a fresh high at the start of the week. Sensex zoomed 363.79 points while Nifty ended close to its 52-week high at 15,885.15 level whereas BSE Midcap index settled at 23,330.77 levels today. 

We have chalked out a list of stocks that may see some good action in the near term.          

The Frontline indices and the broader markets were seen trending up with several stocks managing to trade at fresh 52-week highs  

Investors should be wary of adding more and more international funds in their portfolio and also, carefully assess the risk associated while investing in international funds. 

While Sensex & Nifty were witnessing ups & downs throughout the month of July, BSE Smallcap index managed to zoom by 6.01 per cent in July 2021. The pickup in economic activities and ramp-up of vaccination have infused positive sentiments and helped the small-cap stocks to be in the limelight. 

Mahindra Manulife has launched a new fund offer (NFO). Read onto find out more details: