Chart of the Day: Valuation of Small Cap stocks indicates correction
The small-cap index is trading at 31.52 per cent above the long-term average, indicating the need for extreme caution
Source: moneycontrol.com
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equity: ETMarkets Smart Talk: Despite premium valuation, India is an attractive destination for FIIs: Sampath Reddy
" Corporate earnings were broadly in line with expectations, sectors such as banking, auto & auto ancillaries, and pharma companies did well. These industries have proven to be significant winners, showcasing robust earnings growth. On the flip side, segments like metals, IT, and Quick Service Restaurants (QSR) faced some challenges, alongside a mixed trend in consumer discretionary spending."
Source: indiatimes.com