New Delhi, March 18 -- The Indian equity markets have been on a downward streak, driven by valuation concerns, particularly in the mid and small-cap sectors, global uncertainties stemming from trade tensions, and most significantly, the slowing domestic economy.

LKP Securities says the substantial sell-off has lowered the Nifty 50 price-to-earnings (PE) ratio for CY2025 earnings to 18.8x, creating an attractive investment opportunity.

With current deep price corrections, large-cap and large-mid-cap stocks now present a prudent choice for investors seeking sustainable growth and stability, said the brokerage. It believes that sectors such as consumer durables, two-wheelers, tractors, banking, and capital goods have an edge in the current...