Markets are consolidating as the easy re-rating cycle ends, with future gains driven by earnings traction. Early signs of revival are visible, suggesting a shift towards an earnings-led market. Investors need discipline and selectivity as valuations cool, offering opportunities in quality stocks.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj