While SEBI last week warned of a bubble in these stocks, followed by a minor correction, analysts say this correction can continue and pose big risks to amateur investors.
Investors say they are avoiding midcaps based on global economic cues, valuations. While Sensex flirts with technical correction, expensive smaller stocks could have more to lose.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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