Shares of smallcap companies have stayed resilient even as the second wave of covid has disrupted business operations, with more states imposing lockdown-like curbs to restrict mobility. With small and midcap stocks outperforming benchmarks, investors seem to be shifting to the riskier segment. However, in broad market corrections, smallcaps tend to fall more than large-caps because of low floating stock.
Can the defence sector continue firing after 100% gains?
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