India VIX was down by 2.81% from 11.13 to 10.81 levels in the previous trading session. Volatility fell and has been hovering at its lower band for the last six months.
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