While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good interest from a medium-to-long term
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
However, healthy buying in the broader market kept overall market breadth in the favour of the buyers
Avoiding markets is not a good idea. One should stay invested and selectively look at quality stocks and exit the weaker ones, he advises
Higher earnings growth, lower costs, and valuations favour smaller companies
Midcap stocks are showing a healthy momentum. Select stocks are set to rise even more. Here are a few that look good on the technical charts and can move up by 10% in the coming sessions
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex
Analysts remain bullish on the road ahead for the mid-and small-cap segments and suggest investors use the recent correction to buy from a long-term perspective