volatility
| March 19, 2024, 5:17 a.m.
Analysts Bullish on Long-Term Prospects Despite SEBI's Concerns Over Small and Mid-Cap Valuations
Amid market regulator SEBI's concerns over stretched valuations in small and mid-cap stocks, analysts remain optimistic about their long-term prospects. While volatility may persist in the short run, analysts believe that valuations are supported by earnings growth. Strong fundamentals, India's growth story, and rising corporate earnings underpin expectations for robust markets in the long term. Public Sector Undertakings (PSU) stocks are highlighted for their strong performance and attractive valuations. Despite some short-term volatility, investors are advised to consider themes like PSU for potential gains. The net equity inflow in February 2024 reflects unwavering investor confidence in the Indian equity market. While near-term outlook for small and mid-cap stocks may appear subdued, analysts see opportunities for long-term investors, with corrections presenting buying opportunities for high-quality businesses. Despite concerns over higher valuations in some segments, analysts believe that certain market pockets offer significant wealth-creating opportunities over the next few years.
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