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India’s $775 billion stock boom at risk as small caps overheat
![IndiaTimes]()
Thursday, 7 September 2023
The rally in Indian equities has led to a shift in investor preference towards smaller stocks, which carries risks as small and mid-cap shares show signs of overheating. Smaller companies are benefiting from the recovery in India's capital expenditure, while larger stocks are restrained by concerns over a possible global recession and short-seller campaigns. This trend contrasts with the US stock market, where technology megacaps have surged.
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