“I would be a little cautious in small and midcap space in the near term. Indian SMIDs have returned more than 30% in FY24, significantly outperforming not just their largecap peers, but also their global peers (which have been flat to negative in FY24). This accompanied by increased global volatility, fading margin tailwinds and moderate growth could weigh on overall SMID sentiments.”
| Subscribe To Our Free Newsletter |
