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Dolat Capital Report
We are through the first five months of CY22 with real grinding experienced across the board.
Nifty 50 is lower by 5% odd but the midcap 100 is down 12%. And the worst performer small cap lost 20% during the period. Sector wise the worst performers include real estate and IT.
Having seen this sort of sector and stock level correction (read normalisation), the primary issues concerning us and market participants are now ranged around the big macro drivers.
We anticipate the remaining part of the year will likely go into a time correction for the market as they digest incremental news flows on these macros.
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