Top ten high-quality midcap companies to consider for your portfolio

Since September 2021, market volatility has been increasing, creating a chance to invest. In this piece, we've compiled a selection of high-quality midcap stocks to consider investing in.

Domestic benchmark indices ended their three-day losing trend on Monday, despite strong volatility. The Nifty 50 found critical support at 17,000 and recovered to recapture the 17,200 mark. The markets were buoyed by banking and auto stocks.

The US market gained for the second week in a row as investors simply ignored the Russia-Ukraine crisis and the Federal Reserve's hawkish tone. Furthermore, Moscow appeared to be cooling down on Friday, shrugging off its Ukraine ambitions and refocusing on territory held by Russian-backed separatists.

PSU banks, metals, and oil & gas were the biggest gainers, while consumer durables, pharma, and IT were the worst performers. Said that, for the second trading session in a row, hotel stocks rose sharply.

The market breadth, as indicated by the advance/decline ratio, showed weakness. Only 1,175 of the almost 3,000 equities listed on the Bombay Stock Exchange (BSE) gained, while 2,306 sank. The broader market, on the other hand, underperformed benchmark indices, with the Nifty Midcap 100 Index and the Nifty Smallcap 100 Index ending the day down 0.2 per cent and 0.7 per cent, respectively.

As we observe some good signs on the global front and the market trend is more or less optimistic, the prospect of the market breaking out of its present consolidation appears much more promising.

Therefore, we have compiled a list of the top ten excellent mid-cap companies to explore.