Devina Mehra, Founder & CMD of First Global has emphasized the importance of maintaining a large and steady portfolio rather than investing in small and micro caps. In an interaction with ETNow, she noted that market corrections are normal, with smallcaps being highly volatile.She stated how her advice has remained unchanged despite market corrections and that, according to her, smallcap movements are always dramatic, and when they fall, they fall like a stone. She advised investors not to expect past market leaders to perform well in the next bull run. Instead, she recommended taking losses where necessary and reinvesting in stronger stocks, stating that the market has no interest in an investor’s purchase price.
Can Lumino Industries IPO deliver long-term growth for high-risk investors?
Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefit from increased demand for