The benchmark NSE Nifty 50 and the BSE Sensex have fallen 15.8% and 15%, respectively, from the previous peak. (Image source: Sai Aravindh/NDTV Profit)
Amid the ongoing market rout, large-cap stocks—excluding PSUs and private banks—are trading at higher valuations than mid and small-caps, contrary to popular market perception, asserts Samit Vartak, founding partner and chief investment officer of SageOne Investment Managers LLP.The ongoing fall in Indian equities presents a unique opportunity for investors, as per the market veteran. He likens the current downturn to "the great Indi...