This inflated valuation lets promoters borrow public money, enriching themselves while retail investors should be cautious. As per market veteran, earnings growth is moderating for the first time in years, signaling a healthy correction. Investors should stay with fundamentally strong businesses and consider adding small and midcap stocks with strong growth prospects at reasonable valuations during market dips. FIIs sold aggressively in Jan 2025 with total selling from 27th Sept to 31st Jan reaching Rs.2,65,311 cr. The continuous selling including Rs.1,327 cr. on 1st Feb, suggests dissatisfaction with the Budget. The govt. may need to engage with FFIs for resolution. As per market veteran, FOMO-driven rallies often lead to slow recovery. Hindustan Aeronautics Ltd. is a case in point—while analysts projected Rs.10,000/15,000 targets, it now trades at Rs.3,800. Such overhyped targets often result in a painful correction. High PE small/midcaps and SME stocks have faced brutal crashes for similar reasons. Market grapevine suggests a time correction in H1FY25 with potential recovery in the second half. 2025 will likely be a stock-picker’s market with a focus on individual stocks especially large-cap and mega large-cap themes. The market may not exceed 26,100/26,500 in 2025, with a shift towards deeply valued stocks. As per market veteran, Budget impact may end in 3-4 days; market trends will depend on RBI policy, income tax bill, Delhi elections, FII strategy & Q3 results by 15th Feb 2025. Promising sectors post-Budget: Agriculture, Airline ancillaries, Battery manufacturing plant companies, Consumers, Domestic agrochemical players, Domestic pipe manufacturers, Footwear, Geospatial and drone companies, Healthcare & pharma- more medical infrastructure, Hotels, Infrastructure, Metal recycler cos., PSU Banks (with higher MSME credit), renewable energy (solar rooftop boost), textile, tourism and TV manufacturers. Gulshan Polyols' EBITDA rose 99% YoY to Rs.2,749.04 lakh with PBT up 373% QoQ and PAT surging 427%. Attractive at Rs.200 vs. 52-week high of Rs.264. Parag Milk Foods expands with ‘Gowardhan’ sweets targeting Rs.10,000 cr. turnover. Stock is attractive at Rs.176 vs. 52-week high of Rs.290. Anant Raj plans a massive data center expansion in Delhi-NCR with 307 MW of capacity likely to generate Rs.3,316 cr. in revenue & Rs.2,763 cr. in EBITDA over the next 5 years. Alpex Solar won SECI's 97.5 MW auction worth Rs.5.26 million. Stock looks attractive at Rs.662 vs. its 52-week high of Rs.1132. IRB Infra's EBITDA rose 28% to Rs.202 cr., with a 3rd interim dividend of 10% (record date: 6th Feb). Stock looks attractive at Rs.57 vs. its 52-week high of Rs.78. Somi Conveyor Beltings secures Rs.12.42 cr. order from South Eastern Coalfields. With strong mining demand and attractive valuations, it is set for a re-rating. RAILTEL bags multiple orders worth Rs.221 cr. Keep on track. Winsome Textile completes Rs.54 cr. expansion and set to boost sales & profit along with Rs.10 cr. solar rooftop plant generating 39 lakh units annually cutting power costs. Keep track. Somi Conveyor Beltings' Q2 PAT rose 219% to Rs.2.36 cr., with strong prospects amid mining sector capex, similar to PIX Transmission. Gujarat Poly Electronics, backed by Polychem (CMP Rs.2540), manufactures EMS and MLCCs used in semiconductors. Attractive at Rs.97 vs. its Rs.146 high, a re-rating candidate. Gulshan Polyols to benefit as the govt. cuts FCI rice prices by Rs.550/quintal for ethanol and Assam grants Rs.2/litre PLI for its 250 KLPD plant, boosting prospects beyond its Rs.264 high. Alpex Solar's Rs.642 cr. expansion in solar and green energy, set for completion in 24 months, aligns with the budget's renewable push, offering strong upside. Anantraj posted 55% higher Q3 PAT of Rs.110.37cr. and 69% higher 9M PAT of Rs.307.03 cr. Stock looks attractive at Rs.637 v/s its 52-week high of Rs.947. Kaushalya Logistics expanded service reach with Kisanganj depot for ACC & Ambuja Cement.