Indian small-caps run risk of extended selloff amid slowing earnings

Quick Summary:

Future gains will depend on how these companies demonstrate execution and delivery of their growth potential, he said.

Bathini expects the selloff to extend due to lukewarm earnings and volatile geopolitical situation.

Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10 per cent peak-to-trough decline.

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Category: BusinessFinance

Markets: IndiaChina

Topics: Indian Small-cap funds Q2 Q2 earnings Small-caps Q2 results

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 07:37:02 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23315281

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Official Website: business-standard.com

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