Archive · 10 Oct 2026
Expert Recommends Equal Large-, Small- and Mid-Cap Exposure
G. Chokkalingam shared a view about where people might invest over the next two years.
He suggests putting equal amounts into large companies and small- and mid-sized companies.
He says the Sensex and Nifty did not make positive returns over the last two years.
He thinks they could do better over the next two years.
He also says some smaller-company stocks have fallen a lot from their 2024 highs.
In his view, some of those stocks and business themes may offer opportunities.
This is his recommendation, not a guarantee of returns.
G. Chokkalingam recommends splitting equity investments equally between large-cap and small- and mid-cap segments for the next two years.
He said the Sensex and Nifty had failed to deliver positive returns over the previous two years.
He expects significant returns from the indices over the next two years and said Nifty earnings could grow at a decent double-digit rate.
He noted that the Nifty was nearly 15% below its 52-week high.
He said some small- and mid-cap stocks were 30% to 50% below their 2024 record highs, while identifying possible opportunities in capital-market intermediaries and other themes.
- Who
- G. Chokkalingam, head of research at Equinomics Research.
- What
- He recommended equal equity exposure to large-cap and small- and mid-cap segments for the next two years.
- When
- The recommendation concerns the next two years; no publication date is provided.
- Where
- Not specified in the article.
- Why
- He cited potential returns from the Sensex and Nifty, expected double-digit Nifty earnings growth, and possible opportunities among small- and mid-cap stocks.
- Expert
- G. Chokkalingam, head of research at Equinomics Research
- Recommended allocation
- Equal equity exposure to large-cap and small- and mid-cap segments
- Investment horizon
- Two years
- Recent index performance
- Chokkalingam said the Sensex and Nifty failed to deliver positive returns over the previous two years.
- Nifty level
- Nearly 15% below its 52-week high, according to the article.
- Small- and mid-cap stocks
- He said many individual stocks were down 30% to 50% from their 2024 record highs.
- Potential themes
- Capital-market intermediaries and other ideas within the small- and mid-cap segment