Valuations Still Stretched, Real Opportunity Emerging in Small, Microcaps: Venkatesh Balasubramaniam
The Indian equity market has witnessed a remarkable rally over the past two years, with benchmark indices scaling new highs and large-cap stocks commanding premium valuations. However, according to market expert Venkatesh Balasubramaniam, valuations in the broader market remain stretched, and the real opportunity lies in small-cap and microcap stocks. His perspective highlights the importance…