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Share of Market Cap

Source: ICICI Pru AMC

One reply on “Share of Market Cap”

Due to relentless chasing of few good stocks in the top-100 category, this anomaly has arisen and that’s very clearly visible in the pricing of mid and small cap in the last few years. Which category valuation is realistic and which is blown out of proportion and defy all the logic, only the time will tell. There is a delusion that only large cap is having all the “good valuation matrix” in the world and all mid and small cap are junk stocks. This reality has to dawn on the analysts and investors as well.

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