Fundamentally, things are not all that bad post the kind of correction we have seen. Valuations have become reasonable on the largecap side at least if we see across the board and mid and smallcaps in selected pockets.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and