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Earnings growth in some mid and smallcaps will be far superior to largecaps; tough to say when PE valuations will contract: Vinod Karki
“The valuations of the midcaps and smallcaps from a trailing earnings perspective are more or less reaching the valuations of largecaps and there is no spread between a midcap and smallcap over largecaps broadly. The way cyclical recovery is happening, earnings growth in some of these midcaps and smallcaps will also be far superior to largecaps.”
