Until the end of FY23, markets had underperformed for a couple of years, while earnings growth for markets during this time was in the mid-teens. Thus, the recent movement in the markets, to a great extent, is a catch-up rally.
In September, about 75% of small-cap mutual funds outperformed their benchmarks, with SBI Small Cap Fund and Tata Small Cap Fund leading returns, while Nippon
The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind turbines, and solar power generation.
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