I think we are somewhere between fair value and expensive zone. So, investors will have to do a lot more work right now to make money in the sense that they cannot just look at index stocks or they can only look at index funds, but they have to become a little more active and look for opportunities that are not part of the index stocks or not part of the flavour of the month stocks to make money.
Smallcaps cheaper but not cheap yet: Sonam Srivastava urges selective investing
Smallcap stocks have corrected sharply but are still not cheap, says Sonam Srivastava of Wright Research, urging investors to stay selective. She highlights opportunities in