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ETMarkets Smart Talk: Largecaps are better placed to attract FII flows than small & midcap stocks: Ashutosh Tiwari
Ashutosh Tiwari says that with market valuations towards the upper end of historical range and rate cut uncertainty, FY25 is likely to be a year of consolidation, we expect single digit returns in FY25. He also cautioned investors on overheated small & mid-cap valuations. Manufacturing is sector set to thrive with road infra growth expected.