Nifty - Sensex Volatile Today | PSU Banks Lead The Fall | Metal Stocks Shine

Amid persistent selling pressure in mid- and small-caps, markets remain range-bound and volatile, with only select large-caps and pockets like metals, PSUs, and banks showing resilience. HDFC Securities MD & CEO Dheeraj Relli believes the pain is nearing its end. Despite strong macros, government measures, and SIP inflows, frothy valuations and weaker earnings growth triggered the correction. He turns “sanguine” on mid- and small-caps from here, forecasting better performance over the next 12–18 months as Q2 green shoots emerge.Advice: Stay invested via SIPs, remain selective, prefer quality large-caps for newcomers, and use staggered investing. The rupee depreciation cycle is also nearing its end, with potential appreciation ahead. Patience will be rewarded in 2026!