Are Investors Ignoring India’s Best Value Stocks? Sanjeev Prasad | The Core Report

Financial market discourse has shifted from fundamental value to an obsession with price movements, largely driven by a retail-dominated investor base that consistently pours capital into mutual funds regardless of valuation. This price-agnostic behavior creates a pipeline effect, decoupling stock prices from intrinsic value and fueling euphoria in mid-cap and small-cap sectors while leaving large-cap stocks neglected despite strong fundamentals. Sanjeev Prasad of Kotak Institutional Equities notes that current IPO activity often functions as an exit mechanism for existing holders rather than a source of capital for new plant and machinery. To navigate these tumultuous markets, investors must prioritize long-term value over short-term sentiment and avoid the trap of chasing price momentum. Sustained market health depends on macro improvements, such as lower crude prices, and a return to earnings-driven growth rather than speculative cycles.