OMCs in the last leg of the rally; like gas utilities among PSUs: Unmesh Sharma
Exuberance is observed in mid and smallcaps, with a focus on buying laggards. The influx of domestic investors has changed the nature of the market. Selective investments in PSUs, particularly gas utilities, are favored. The large banks may have gone a little bit too far but at the same point in time that is what is impacting them in the short term
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