The largecap space has valuation comfort but the earnings momentum is stronger in the midcap and smallcap segments, says Trideep Bhattacharya, president & chief investment officer (CIO) — equities, Edelweiss Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Bhattacharya says investors should go for a balanced portfolio among large, mid and smallcap stocks. Edited excerpts:
What are the key factors that will guide the market this year?
Calendar 2024 will likely be a year of transitions. In 2023, the debate in the market was mostly around the completion of interest rate hike cycle, but this year it's