Nitin Bhasin of Ambit suggests Indian markets are navigating a landscape of rich valuations and strong flows despite modest earnings growth expectations for FY26, particularly with downgrades in BFSI and healthcare. He points to tariffs as a key directional factor, advising investors to reduce underweight positions in IT and be cautious on banks, favoring large caps amidst market volatility.
Largecaps offer safety as mid- and smallcap rallies look overstretched: Nitin Bhasin
by ET Markets | July 8, 2025 2:04 pm | Indian Stocks, Market, News