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Large-cap stocks attractive after recent dip: Incred
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Incred Equities has reiterated 'overweight' rating on the Nifty with a target of 21,103, implying an upside of over 7% from Wednesday's closing of 19,716.
The recent correction has made valuation of large-caps attractive, while the premium valuation of the mid-cap index is a concern, said the firm's head of equity research Pramod Amthe in a note.
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