ETMarkets Smart Talk: Smallcaps & midcaps to outperform largecaps over long term: Shrikant Chouhan

“Q3FY23 aggregate earnings are slightly ahead of expectations. Among Nifty-50 companies, Tata Motors, NTPC and Axis Bank reported large outperformance compared to our expectations, while RIL, JSPL and TCS reported large miss versus our expectations.Our EPS expectations for the Nifty-50 Index have been stable in the past one month (FY23- 811, FY24- 981 and FY25-1078). We expect most sectors to deliver decent growth over FY2024-25.”