Small caps: Correction and volatility are temporary noises if underlying business is fine. 5 small-caps stocks for a long-term investor

The last quarter of 2024 is turning out to be the opposite of 2023’s last quarter. Around this time last year, there was a mad rush to buy mid- and small-cap stocks. And this year… But remember: Market sentiment keeps changing. A few sessions of strong upward movement and we will also forget October’s woes. So, rather than focusing on the Nifty and Sensex, focus on the businesses of the stocks you own or intend to buy. Just to put things in perspective: Does FII selling and the Nifty’s movements affect the bottomline of a company showcasing an EV tractor – with the promise of other EV products in the farm equipment space? Clearly not.