“At current levels, large-cap stocks present a relatively better risk-reward profile. However, for small-cap and mid-cap stocks, favourable liquidity conditions, ongoing government reforms to boost domestic manufacturing, and fewer global trade restrictions are crucial for further growth,” he says.
Paytm shares hit 52-week high as fintech rolls out UPI Lite auto top-up for small payments
Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an automatic top-up feature for