Small and midcap stocks have turned bearish, with some plunging over 20% in a short span. In March 2024, Buch warned of high valuations, cautioning against market froth. “Some call it a bubble, some call it froth. It may not be appropriate to let it keep building,” she stated, highlighting risks in these sectors.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across