The brokerage noted that the Nifty-50 has declined 12% from its September 2024 peak, while broader market performance has remained range-bound. However, ongoing earnings recovery has helped cool valuations across segments, with large-cap and mid-cap valuations correcting 29% and 27%, respectively, from their highs.
The brokerage noted that the Nifty-50 has declined 12% from its September 2024 peak, while broader market performance has remained range-bound. However, ongoing earnings recovery has helped cool valuations across segments, with large-cap and mid-cap valuations correcting 29% and 27%, respectively, from their highs.
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