Quality mid-, small-caps may continue to do well: Reliance Securities CEO

In a Q&A, Lav Chaturvedi says the market is still predicting that the impact of the second wave of Covid-19 cases will not be as severe as last year

Sectors that are beneficiaries of capex revival are likely to outperform in the medium to long term, Lav Chaturvedi, ED & CEO of Reliance Securities tells Ashley Coutinho in an interview. Edited excerpts:

The market has seen bouts of volatility in the last few days. What are the risks for the market this year?

While Indian economy started witnessing momentum after sharp fall in economic activities induced by the pandemic last year, a sharp rise in the second wave of Covid-19 cases and enhanced mobility restrictions imposed by several states have cast a shadow of recovery phase. Notably, the market