Stock market update: Nifty Financial Services index climbs; SBI Life up 1%

Shares of SBI LifeNSE 0.41 % (up 1.16 per cent), ICICI Prudential Life Insurance (up 0.98 per cent), Bajaj Finance (up 0.92 per cent), HDFC Life Insurance (up 0.81 per cent) and Bajaj Finserv (up 0.71 per cent) were the top gainers in the index.

Axis Bank (up 0.64 per cent), REC (up 0.62 per cent), Indiabulls Housing Finance (up 0.45 per cent) and Kotak Mahindra Bank (up 0.44 per cent) too were trading with gains.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of YES Bank, Vodafone Idea, Indiabulls Housing, SAIL, Tata Motors, SBI, JSPL, Bank of Baroda, Tata Steel and Zee Entertainment were among the most traded shares on the NSE.

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Last two years have really been tough for smallcap investors but as the market once again attempts to rebound, eyes are back on the mid and smallcaps. What is in the store for the mid and smallcaps? I know volatility is the name of the game but where do you see it moved from here?

Metaphorically, if you look at the small and midcap space, it is similar to agriculture in the sense that if there is no liquidity, you have a bad crop. Similarly, if there is no liquidity in the ma ..

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