Smallcap stocks have corrected sharply but are still not cheap, says Sonam Srivastava of Wright Research, urging investors to stay selective. She highlights opportunities in private banks, pharma, and capital goods while recommending staggered deployment of cash and balanced allocation across equities, gold, silver, and debt amid volatile markets.
Value addition key for Tata Steel as prices fall and costs increase
Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are