A repeat of FY24 is unlikely but expect 15-20% growth across caps: Mahantesh Sabarad

Market expert Mahantesh Sabarad expects sustained market momentum with possible valuation moderation, focusing on solid earnings growth, largecap, and FMCG resurgence driven by volume growth and commodity price impact. Sabarad says: “We will not see the likes of FY24 with a 30% rally in largecap and a 60% rally in midcaps and smallcaps; we will probably see that moderated down to around 15-20%, which is good enough.”

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