“Investors wishing to make fresh purchases in paper stocks now should be mindful of the run-up witnessed in many months as many of the leading players are not compelling enough on valuation parameters now,” said S Ranganathan, head of research at LKP Securities.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is