Market sell-off deepens as midcaps enter correction zone

The Quick Take
Indian equities, especially the Nifty Midcap 150 index, have recently slipped into correction territory as valuations soar. The small-cap and micro-cap indices are mirroring this trend amid rising investor concerns. Previously, retail investments bolstered smaller stocks, but high valuations threaten future returns. Moreover, analysts observe that even after declines, small and mid-cap stocks cont
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