30 Oct 2025 | 5 Mins Read
Stocks near record high, sparking portfolio comparisons
Flipitmoney
The Indian stock market's rally masks weakness in the broader market, with the BSE Smallcap index 6% away from its peak. Large caps, particularly banks, lead the charge, while IT stocks and small caps struggle, down 22% and with valuations at 24 times FY26 earnings. Despite this, experts see pockets of opportunity in small and mid-cap stocks, driven by improving earnings visibility.