Kotak warns small and midcap euphoria may turn sour as investors chase quick returns
- Posted on October 1, 2026
- By Business News Today
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- 1 min read
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Kotak warns small and midcap euphoria may turn sour as investors chase quick returns
Indias stock market shows a sharp divide, with investors favouring small and midcaps despite stretched valuations while overlooking relatively attractive largecaps. Kotak Institutional Equities says price momentum and popular growth narratives are driving sentiment more than underlying value and fundamentals.
