The Economic Times News

Midcaps, smallcaps turn attractive on earnings revival; financials to lead next rally: Dinshaw Irani

Midcaps and smallcaps are turning attractive after a 14-month consolidation as earnings rebound and growth-adjusted valuations improve, according to Helios MF CEO Dinshaw Irani. He believes retail caution and not weak fundamentals, is holding smallcaps back, and further expects financialsespecially consumer-facing banksto lead the next market rally once margins stabilise.