"The worry is not smallcaps or nanocaps. The worry is midcaps," Tandon asserted. He pointed out that segment concentration has reached elevated levels in the mid-tier universe. "The Midcap 150 area is very crowded currently."
The 3-point increase takes DA to 63%. That adds about Rs 540 a month for an entry-level employee today, but it also raises the fitment factor the 8th Pay Commission must offer before it delivers any real pay gain.
