# Equirus says large-cap stocks offer value as silver frenzy cools

2026-08-06T17:55:18+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Equirus Wealth Managing Director Pallav Bagaria says Indian large-cap equities now offer one of the better opportunities for wealthy investors, after years of interest in small caps, unlisted shares and commodities. In an interview with ETBFSI, he said market valuations are more reasonable than in 2024, though not cheap. Large-cap stocks have lagged fashionable assets, making them less popular, he said. Bagaria said enthusiasm for silver has cooled after its correction, while investors continue to await another rally. He views gold as a strategic asset as confidence in the US dollar weakens, but said silver is harder to assess because industrial demand changes its investment case. He also warned that higher returns cannot come without higher risk.

## Coverage

- bfsi.economictimes.indiatimes.com <https://bfsi.economictimes.indiatimes.com/articles/silver-frenzy-fades-as-hnis-shift-focus-large-caps-now-offer-the-best-value-equirus-md-pallav-bagaria/133008421>

Tags: gold, Indian equities, large caps, silver, wealth management
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