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The Economic Times

Business

Sakshi Kumari

Kotak warns small and midcap euphoria may turn sour as investors chase quick returns

Kotak Kotak Institutional Equities Sakshi Kumari India SEBI Stock Market

The mood in India’s stock market is an odd mix of despair and euphoria. Investors have turned away from largecaps even as valuations have become more attractive, while small and midcap stocks continue to enjoy strong enthusiasm.

Kotak Institutional Equities believes the difference is less about fundamentals and more about what investors are choosing to chase.

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