What does the mid cap index indicates?

Question

What does the mid cap index indicates?

Answer 1

The word "cap" In mid cap stands for market capitalization. Simply put Market cap = total number of shares of the company x stock price.

So you have three kind: small cap, mid cap and large cap.

The mid cap index indicates the movement of stock price of companies with medium market capitalization.

Answer 2

Companies in the stock exchanges are categorized based on their Market Capitalization (Market Cap).  

Market cap refers to the product of the stock's market price and the total no. of the shares of that company.

Based on this market cap, companies are classifed to Large, Mid and Small cap companies.

Midcap companies are a unique set of companies with a huge potential in them to become the large caps of tomorrow.  So people track them with great fervour

Answer 3

Mid cap Index seems to have bottomed out for the medium term. It is likely to make a new historical high in coming years.

http://www.sathiamoorthy.com

Answer 4

Indication good,but trend is more because trend is always friend.market