“If we take 25% of a drawdown as a particular pullback or start of a new cycle, then arguably we are in the second best smallcap rally since the start of equities investing in India. So, our sense is that a large part of play out has happened. One needs to keep an eye out.”
GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside
GMR Airports shares witnessed an uptick on Thursday after JM Financial retained its Buy rating and Rs 115 target price, citing an improved risk-reward profile