While broader market holds firm, 80% of stocks slip into bear territory
Quality small caps are expected to generate superior returns hereon while large caps may remain range-bound due to high valuations and lower growth.
Quality small caps are expected to generate superior returns hereon while large caps may remain range-bound due to high valuations and lower growth.
Small cap companies emerged as the standout performers, posting a robust 22% year-on-year (YoY) earnings surge - outpacing their mid-cap and large-cap counterparts.
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%.