“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.
PNGS Reva Diamond shares to list today. Check GMP ahead of debut
PNGS Reva Diamond Jewellery’s IPO, priced at Rs 386, is set for its stock market debut on March 4. Despite a Rs 380 crore issue