Covid-era bargains in largecaps, bull market valuations in smallcaps: Where is the real opportunity in stocks? ↗
Indian equities are split sharply between largecaps and smaller stocks. The Nifty is down 14% in 2026, while midcaps have fallen just 2%, smallcaps have gained 8% and microcaps 15%. Record FPI selling of ₹2.8 lakh crore has hit largecaps hardest, making beaten-down largecaps look relatively attractive while elevated smallcap valuations leave little room for earnings disappointment.
2 sources
- The Economic Times Stocks · 6 Oct, 09:48 IST
- The Economic Times Markets · 6 Oct, 09:48 IST
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