The Indian equity market has seen a remarkable surge in performance, particularly within the broader equity indices.

Reasons to Invest in Mid-Cap Stocks. As of now, the segment that is leading gains in the equity hemisphere is definitely the broader market with the mid-cap index heading it.

The stock of the heavy electrical equipment maker, which closed at ₹ 8.78 on February 2, 2020 ended at ₹ 408.65 on August 16, 2023 on the BSE.

One of the fastest growing economies and most stable currencies compared to others has strengthened India's macroeconomic outlook, thereby attracting foreign investors.

After hitting a record high in the last quarter of FY23, compared with their poor showing in the previous two quarters of the financial year, the first quarter of FY24 has started on expected lines.