We are amidst a strong bull run but there is always a chance of a 5-10% correction which is deemed healthy and reasonable
Mudit Goyal of SMC Global said till the time largecaps will continue its upward run, we can expect to see further higher levels.
The company has also outlaid a capital expenditure of Rs 3,000 crore for its European operations as its focus is to make the business “stronger”.
Industry players believe while generating alpha has become difficult in the largecap category, active funds do make sense in the mid and smallcaps
Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Co