Midcap Market Shows Mixed Trend, Affirm Holdings Leads with 31.92% Return

Aug 29 2024 01:02 PM IST

The midcap market is showing a mixed trend today, with a 2.22x advance decline ratio. Out of 611 stocks, 421 are advancing and 190 are declining, indicating a slightly bullish sentiment. Top performers include Chemed Corp., Conagra Brands, Inc., First Horizon Corp. (Tennessee), Jack Henry & Associates, Inc., and Rollins, Inc. On the other hand, Okta, Inc. is the worst performer with a return of -17.64%. Affirm Holdings, Inc. has been the best performer with a return of 31.92%, showcasing its potential for growth and profitability. Investors should pay attention to technical calls for valuable insights in this segment.

The midcap market is seeing a mixed trend today, with a 2.22x advance decline ratio. Out of the 611 stocks in this segment, 421 are advancing while 190 are declining. This indicates a slightly bullish sentiment in the market.

Among the top performers in this segment are Chemed Corp., Conagra Brands, Inc., First Horizon Corp. (Tennessee), Jack Henry & Associates, Inc., and Rollins, Inc. These stocks have shown a mild to bullish trend, making them attractive options for investors.

On the other hand, the worst performer in this segment is Okta, Inc. with a return of -17.64%. This stock has been a drag on the overall performance of the midcap market.

One of the best performing stocks in this segment is Affirm Holdings, Inc. with a return of 31.92%. This stock has been a top performer in the midcap market, showcasing its potential for growth and profitability.

Overall, the midcap market has been a strong performer, with Affirm Holdings, Inc. leading the pack. Investors should keep an eye on the technical calls of the stocks in this segment, as they can provide valuable insights for making investment decisions.

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ stock_short.product_icon_list.length-1 }} More

WHY IT'S
{{stock_short.dot_summary.scoreText}}

MOJO SCORE

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ra.stock_return.chgp}}%

{{ra.sensex_return.chgp}}%

Change%

Figures in Rs cr

Mojo Parameters

Quality: {{stock_short.dashboard.dotsummary.q_txt}}

Valuation: {{stock_short.dashboard.dotsummary.v_txt}}

Quarterly Financial Trend: {{stock_short.dashboard.dotsummary.f_txt}}

Technicals: {{stock_short.dashboard.dotsummary.tech_txt}}

Stock Info

Market Cap: {{stock_short.stock_data[1]['value']}}

Sector:{{stock_short.stock_data[0]['value']}}

52 w H/L (Rs.):{{stock_short.dashboard.priceinfo['52wk_high']}}/{{stock_short.dashboard.priceinfo['52wk_low']}}