Raichura said any bounces in the near term may create more selling pressure and a decisive recovery will occur only in large-caps first, and then in mid- and small-caps. “And until we see a strong recovery, investors may not entirely return to the stock market,” he said.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.
October 24, 2026