Feel midcap and small caps will outperform at index level. The ones which most retailers have in portfolio may not participate this time because they were part of the previous bull run.
Does the majority of the retailers are Mutual Fund / SIP investor or the one who own indivitual shares . I think majority is Mutual fund SIP customers , they may be part of any bull run since the index move upward …
I had given round number bottoms for TCS (2000) and INFY (1000).
Today it worked, but still needs more price confirmation in coming days.
Lets see, yesterday’s move could be false breakdown also.
Earlier i thought 30k would come first half of next year.
But now few things makes me think that target is pushed to 2028.
Reasons:
IT sector NOT making bottom in March with the index. Ideally, all sectors should have bottomed out together.
Smallcap midcap run up to all time high zones, while Nifty and Sensex is still at lows. I have little suspicion now small/midcap will be sideways whole year.
Nifty rally since March is not very strong. You can simply compare it to 2020 (post March) and 2023 (post March). This rally looks more slow and timepass compared to those two.