A trinity of low interest rates, flush of liquidity, and cheap valuation drove investors towards equities in the calendar year 2020. While large-cap stocks drove the indices, investors saw a broad-based revivial in the markets with the mid- and small-cap stocks outperforming their large-cap counterparts.
Going forward, analysts believe the calendar year 2021 (CY21) would well turn out to be the year of mid-and small-caps, and expect these two indices on the BSE to hit a fresh high after a gap of nearly two years. Though they caution against the intermittent market correction, the broad ...
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