Perspective on markets crossing 20,000 mark By Mr. Jaykrishna Gandhi, Emkay Global Financial Services
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Below perspective on markets crossing 20,000 mark. by Mr. Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services
The markets yesterday touched new highs crossing 20,000. This was driven by continued liquidity in the markets with improved commentary on Capex which can drive earnings visibility beyond FY24. Frontline stocks still remain attractive, we can see some correction in Mid and Small caps which have materially outperformed the frontline indices which has resulted in above average PE expansion”.
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