The last six months have seen a sharp run-up in broader financial markets, with a surge in investor enthusiasm driving up stock prices. However, with this meteoric rise, several mid and small-cap stocks now find themselves trading at expensive valuations. As a result, we’ve already witnessed upwards of a 7-8% correction in index levels, and some individual stocks have experienced even higher declines.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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