Indian markets are consolidating, with midcap valuations appearing stretched. Equitree Capital’s Pawan Bharaddia highlights the ₹1,000–₹5,000 crore market-cap segment as a sweet spot, offering strong earnings growth at reasonable valuations. He also identifies India’s tourism sector as a potential multi-decadal investment opportunity due to improving connectivity and domestic travel.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of