Market Shenanigans: Small Caps Costly, Large Caps Steady

The market took a breather, with valuations cooling down but still a bit pricey. Small caps are the most fragile, so steer clear of them. Large caps are your safe bet, and keep an eye on mid-caps if their earnings look good. The next big gains will come from earnings, not just fancy numbers. Hot sectors include Auto, Banks, FMCG, Internet, and Oil.