Smallcaps cheaper but not cheap yet: Sonam Srivastava urges selective investing

The banking sector has recently seen significant declines due to inflation fears and crude-driven sell-offs, making the 'private banks' recommendation noteworthy amidst broader market volatility. Investors should assess if the recent correction has made private banks attractive.

• •Smallcap stocks have corrected sharply but are still not cheap.
• •Sonam Srivastava of Wright Research urges investors to stay selective.
• •Opportunities are highlighted in private banks, pharma, and capital goods.
• •Recommends staggered deployment of cash and balanced allocation across equities, gold, silver, and debt amid volatile markets.
• •Risk flag: Ongoing inflation fears and potential interest rate hikes impacting NIMs.