“Once recovery begins, India will be dynamic enough to sustain for a few years.”

The top five smallcap schemes — Quant Smallcap Fund (up 110 per cent), Kotak Smallcap Fund (up 96 per cent), L&T Emerging Businesses Fund (up 89 per cent), HDFC Smallcap Fund (up 88 per cent) and Nippon India Small Cap Fund (up 88 per cent) — have delivered up to 110 per cent returns in last one year.

“We may just get caught in the crossfire. Our economy may be doing okay in comparison but we will get impacted by liquidity, the same way we got positively impacted by liquidity in the last one year. ”

In an alert to investors, the SEC detailed the potential risks in putting money into US-listed companies that have contracts with but no control over a Chinese entity, known as a variable interest entity (VIE). It is the most recent move by the agency to address concerns that Chinese companies are flouting rules for accessing US markets.

“There is a fear that a default by Evergrande could drag down the Chinese banking system. It is unlikely because if a capitalist country like the US managed to save the banking industry and the economy, there is no doubt that China, which is a controlled country, will see the government step in and Evergrande probably either would be nationalised or subsidised.”

ICICIdirect said any near-term fall would be an opportunity to buy stocks. It said the index has been following a specific rhythm since April 2020 wherein the magnitude of each major rally has been around 33 per cent, containing in between corrective phases of 5-6 per cent.

For now, many US-based investors believe there is little chance that the woes of Evergande, China’s second-largest property developer, could morph into a systemic crisis reminiscent of the 2008 collapse of Lehman Brothers.

Crypto inflows amounted to $41.6 million for the week ended Sept. 17, with bitcoin getting the bulk of inflows at $15.3 million, and ether products garnering $6.6 million. The data showed that inflows were seen across the board.

Indraprastha Gas Ltd. key Products/Revenue Segments include Gas Natural and Other Operating Revenue for the year ending 31-Mar-2020.

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 36473.93 Crore) operating in Auto sector.