50% small-caps trade 40% below peak; correction opens long-term buying window
The correction creates opportunities for investors to make strategic long-term investment allocations in the small-cap space.
The correction creates opportunities for investors to make strategic long-term investment allocations in the small-cap space.
Among sectors, PSU banks were the top performer, rallying over 2.11 per cent, whereas the Metal index lost the most, shedding over 1 per cent.
Easing geopolitical tensions, particularly around Russia-Ukraine and renewed U.S.-Iran nuclear discussions, dampened safe-haven demand.
BSE Sensex and Nifty 50 indices ended the week in the negative territory. However, the midcap and the smallcap indices outperformed the larger peers. BSE 250 smallcap index saw gains of ~1%.