The next few months are likely to see increased volatility: Shiv Sehgal

Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety, Sehgal said

Larger ecosystem still needs to evolve to have the right round-the-clock infrastructure for risks, operations and compliance for the extended trading hours to be successful and operational effectively, said SHIV SEHGAL, president and head of Nuvama Capital Markets, in telecon with Puneet Wadhwa on the sidelines of 19th edition of Nuvama India Investor Conference. Edited excerpts:

How do you see the markets play out in the next few months?

The next few months are likely to see increased volatility. This is owing to moderation in earnings trajectory as tailwinds from input prices fade; uncertainty on rate cuts given that the