Stocks that were in focus included names like Apollo Tyres, which fell 2.89%, SJVN, which dropped 12.91%, and Nykaa, whose shares declined 2.27% on Thursday.
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