Small, microcaps offer better alpha opportunities; midcaps look expensive: Equitree CIO Pawan Bharaddia

· economictimes.indiatimes.com

Indian equities may stay supported by a resilient domestic economy, but future returns are likely to depend more on earnings growth than valuation re-rating, says Pawan Bharaddia of Equitree Capital Advisors. He sees alpha opportunities in select small and microcaps, especially those with a ₹1,000–5,000 crore market cap, while largecaps offer better stability and earnings visibility.

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