3 hours, 59 minutes ago
Looking for bargains? Keep this watch list handy during the market correction.
Live MintHas the recent market correction taken you by surprise? View Full Image Source: Ace Equity, Equitymaster This neither made sense on an earnings basis, nor in terms of trailing earnings growth. As you can see from the chart below, while this gap exists across market caps, it's the highest for small caps. View Full Image Source: RBI, Bloomberg In other words, small caps were expensive even if you factored in future growth. View Full Image Source: Prime database, Equitymaster A set of promoters are busking this trend and buying their stock from the open market.
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