DSP Mutual Fund warns on expensive midcaps, IT lag, global shifts; advises portfolio rebalancing
CCNBC TV18•10-03-2026, 07:22
DSP Mutual Fund warns on expensive midcaps, IT lag, global shifts; advises portfolio rebalancing
- •DSP Mutual Fund flags global market shifts, high oil prices, and stretched valuations in midcaps.
- •India faces macro risks from crude oil; $10 price hike adds $12-15 billion to import bill annually.
- •Global equities show high concentration due to massive AI spending by tech giants like Apple, Microsoft.
- •Indian large-cap stocks appear relatively attractive for stability; small/mid-cap valuations remain elevated.
- •Indian IT sector is overlooked but has strong fundamentals, potentially attractive for long-term investors.
