HDFC securities reposted this
Indian equities remain richly valued, with the mid and small-caps trading well above their respective historical averages. Large-caps, while also premium priced, offer relatively better value and stability. Earnings growth has been underwhelming, with FY25 at just 3% for the Nifty50 and a tepid start expected for FY26. However, market optimism appears to be riding on ambitious earnings expectations, especially for mid and small-caps, leaving little margin for error. Our latest Tru Primer explores the current valuation landscape of Indian equities and key considerations for Indian investors. #IndianEquities #Valuations #TruPrimer Elevate Your Investment Wisdom - Explore https://hdfc-tru.com/ Now.