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The Economic Times

Business

Kshitij Anand

ETMarkets Smart Talk | Defence, power, EMS, AI proxies: Why FOMO is driving parts of the mid- and smallcap rally, says V Srivatsa

EMS ETMarkets United States India

India’s mid- and smallcap rally continues to attract investors, with several thematic pockets—from defence and power equipment to electronic manufacturing services (EMS), aerospace and AI-linked plays—commanding strong market interest.

But as these stocks scale fresh highs, concerns are growing that momentum and fear of missing out (FOMO) may be running ahead of fundamentals.

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