Investors can make money in mid, small-caps: SMC Global's Saurabh Jain

Investors can look at stocks where the fundamental story is still intact but the stock got punished in the overall downturn in these two segments.

After a disappointing few months in calendar year 2018 (CY18), mid-cap and small-cap indices have found investor interest in July. SAURABH JAIN, assistant vice-president for equity research at SMC Global Securities tells Debashish Pachal that stocks with good fundamentals will continue to attract investor interest going ahead. Edited excerpts:

Mid-cap and Small-cap segments have underperformed in this calendar year. What is the road ahead?

Even though the indices have slipped around 10 – 15 per cent in CY18, the fall in individual stocks has been much sharper. In fact, there is a major divergence happening in the markets. While the