Top crypto tokens were trading mostly lower on Monday. Barring the stablecoins, BNB and Tron were the only altcoins in green. XRP plunged over 5 per cent, whereas Etheruem, Cardano, Solana, Dogecoin and Avalanche shed 2 per cent each.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility