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ETMarkets Smart Talk: Cautious on smallcaps & midcaps till risk-reward becomes favourable: Dr Poonam Tandon
"The Indian equity markets have seen a significant rally, driven by favorable macro and micro factors, continuous inflows by FIIs, and strong retail participation. However, the market's continued rally has led to elevated valuations, and there is a belief that significant upside may be limited for some time. Investors are advised to keep some cash margin in their short-term portfolios, take profits from expensive stocks, and look for better entry points. "
