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Top News In Time Correction Today - Breaking & Trending Today

smallcaps: Long-term story for mid and smallcaps extremely exciting but may see time correction for a very short period: Akhil Chaturvedi

Akhil Chaturvedi says: “Till the election, overall, it should be positive for small and midcaps. In the last three years, we at the AMC certainly feel that this has been a fundamental rally. The smallcaps and midcaps have not run up only on hope or expectation of earnings growth but we have actually seen delivered earnings growth in the last three years.” ....

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mayuresh joshi: FMCG stocks may face both time and price correction: Mayuresh Joshi

FMCG companies such as HUL and Nestle may need to increase their advertising spending to drive volume and value growth. The anticipated volume growth for HUL and Nestle has been lower than expected due to moderate rural discretionary spending. However, analysts believe there will be a strong rural recovery in the second half of the year, which will benefit FMCG players. Valuations for HUL and Nestle are not cheap, so their stocks may experience corrections. ITC has reported reasonable numbers, with the cigarette volume growth being a key factor to watch. ....

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midcaps: Expect a time correction as party continues in midcaps: Prateek Agrawal

"Banks may be underperforming due to investors wanting to see how new management functions, while IT companies benefit from new leaders bringing in business relationships. We have consumer tech and fintech companies in our portfolios and there is expectation of growth and better margins as they transition to profitability. The pharmaceuticals sector is overvalued." ....

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