G Chokkalingam Sees Opportunity In Small Caps As Oil Prices Ease And Markets Stabilize

Market volatility remains closely tied to global developments, particularly oil prices and geopolitical tensions. However, with crude prices retreating from recent highs, investor sentiment has improved and attention is increasingly shifting toward the small-cap segment. In this discussion, G Chokkalingam, Founder & MD, Equinomics Research, explains why domestic investors and institutions are playing a larger role in shaping market trends, even as foreign investors continue to remain net sellers. He highlights key structural changes in India's equity markets, including the rapid growth in retail participation and the rising influence of domestic capital. Chokkalingam also discusses why select quality small-cap and mid-cap stocks could offer opportunities, while cautioning investors about the risks associated with poorly researched investments.