Mutual Funds Kept Buying 64 Microcaps for Two Quarters as Select Stocks Rally Up to 70%
Mutual funds increased their holdings in 64 Nifty Microcap 250 companies for a second straight quarter, underscoring sustained institutional appetite for smaller listed names. The buying has coincided with sharp three-month gains in a cluster of microcaps, led by Electronics Mart India, Sky Gold, Bluestone Jewellery, Sudarshan Chemical and Timex Group.
