In response to the March-quarter stock market correction, prominent Indian investors such as Mukul Agrawal, Ashish Kacholia, and Dolly Khanna took the opportunity to invest in undervalued smallcap stocks. The broader market sentiment has been weak, but this downturn has created pockets of opportunity in niche and under-owned stocks. Mukul Agrawal notably increased his stakes in several infrastructure-related companies, including Capacit'e Infraprojects and Hindustan Construction, which are expected to benefit from government spending and recovering order flows. Ashish Kacholia also raised his holdings in niche manufacturing firms like TechEra Engineering and Aeroflex Industries, reflecting a focus on specialized industrial segments. Meanwhile, Dolly Khanna targeted commodity-linked companies such as Chennai Petroleum and Rain Industries, which are positioned for cyclical recovery. This strategic investment approach highlights a shift towards sectors that may recover as broader economic conditions improve.