Ajit Mishra, VP – Research, Religare Broking, said that participants should align their positions and look for buying opportunities on dips. All the sectors are contributing to the move. “We believe the focus should still be on the top performers rather than expecting a turnaround in the beaten-down names,” he added. “We reiterate our preference for auto, FMCG, banking and financials and remain selective in others.”
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025