Market Rebalancing: A Timely Reminder amidst Shifting Tides

The past year we saw a remarkable surge in the broader market, with Mid-Cap and Small-Cap stocks leading the charge. Small-cap and midcap indices have generated returns in excess of 60 per cent and 55 per cent, respectively, showcasing their impressive performance. However, February marked the first month in several past months where broader market indices underperformed the Large-Cap index, a trend that has continued into March till date.