Antique Stock Broking Ltd says ratios like RoCE are likely to remain under pressure at around 22–25%, compared with the pre-pandemic levels of over 30%
Dealmaking by PE firms hit its lowest in four years in 2023 so far, as a lethal cocktail of high interest rates, recession fears, and weak outlook for corporate earnings are making investors jittery
Fuelling the rally is the money flows coming through the mutual SIP route, a big chunk of which is now going into mid- and small-cap funds which have fared the best over the last couple of months