Stocks that were in focus included names like Navin Fluorine which closed with gains of more than 6 per cent, Hindustan Aeronautics closed with gains of over 7 per cent, and Lemon Tree hit a fresh 52-week high closed with gains of over 2 per cent on Monday.
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,