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Broker call▼ Bearish for Kotak AMC
Kotak warns small and midcap euphoria may turn sour as investors chase quick returns
The brief
- Kotak cautioned that small- and midcap euphoria may turn sour as investors chase quick returns
- Investors are favouring small and midcaps despite stretched valuations, while overlooking relatively attractive alternatives
- Valuation risks matter for Indian small- and midcap investors, including holders of Info Edge