And I always talked about that growth as a cycle which peaked out in September 2021 which lasted for a decade, more than like started in rally from August 2012 and if even 20-30% of money shift from growth towards value, there will be big up move which can continue in value stock and that is a thesis which we are playing and I think it is a decadal call.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in
December 11, 2025