What is the reason for divergent performance of large and mid-cap indices?
For now, liquidity still appears fine and there is no undue cause of concern and visible trends being seen as a shift from equity linked assets to other asset classes.
Even as most investors expect stocks to rally this year on the back of stronger earnings growth, UBS says results will disappoint the consensus estimate of 22% growth for FY19
Retail investors would do well to stick to their asset allocation plans, review their small and mid-cap holdings closely and bring down their return expectations for the next few quarters.
Rupee's value against dollar, crude oil prices, direction of foreign funds will also impact investors' risk-taking appetite
The wider NSE slipped by 41.95 points or 0.47 per cent to 8,897.55 points
Market participants would also eye GDP data, which is scheduled to come on Tuesday