The sharp run up in the markets from early September has caught most investors unawares. The rally was tilted in favour of select large cap stocks which are now trading at very high price earnings multiples. Historically, this pattern is followed by an early -bull market- in which the first leg is always large cap driven. The second leg is likely to be broad based, which means that it will spread to more sectors/stocks.
These stocks are available at huge discounts to large caps.