New Delhi, Sept. 6 -- The Sensex has corrected by 10.25% YTD while up 3.66% in the last 3months. During the year, one year forward valuation has corrected to 10% below the 5yrs average at 17.9x. The recent drawdown, -3.15% in the last 1month, look more driven by sentiment as earnings growth has been robust in Q1FY27. Stubborn crude prices and elevated global bond yields are dragging the reaction. While possible September Fed policy move is putting the global market on the toes as the probability has increased to 49%. The domestic risk-reward today is best described as selective with compelling opportunity in mid and small caps stocks after the consolidation during 2025-26 and revamp in earnings based on recent results. Buying is supported...