The recent market drawdown may have already factored in some but not all potential earnings cuts, especially in globally exposed sectors such as IT services and energy. In such a scenario, large-cap valuations look more attractive than mid- and small-caps, and also present fewer downside risks.
Sebi comes out with timelines for brokers to collect margins
Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T+1