● Neutral for Indian equities
Covid-era bargains in largecaps, bull market valuations in smallcaps: Where is the real opportunity in stocks?
The brief
- The Nifty is down 14% in 2026, while midcaps have fallen 2%
- Smallcaps have gained, despite the sharp split between largecap and smaller-stock valuations
- IT Q2 Preview: Large-cap firms seen posting weakest growth in three years; midcaps may outperform
- AI winners and losers are emerging in Indian IT, says BNP’s Kumar Rakesh
- Nifty 500’s hidden bear market: Half the stocks are down over 30% from highs
- IT Q2 Preview: Infosys, Other Large Caps May Cut Guidance As AI Deflation Bites, Mid-Caps To Buck The Trend