After reaching an all-time high earlier this month, the stock market benchmark indices retraced around 3% over the next few days, only to be followed by a 2% rally. Since then it has been a 1% flip flop in either direction for benchmark indices. Lack of clear direction for market indices can be confusing for equity investors. Valuations are high, when seen in the context of (along with uncertainties on) earnings, macroeconomic factors and other external factors.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
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