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How are midcaps poised for in FY22?
All Things Markets
English - April 01, 2021 01:30 - 18 minutes - 16.7 MB - ★★★★★ - 1 ratingNews Commentary News industry news fmcg construction stocks banking rbi bse aadani financial news financials Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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From lows hit in March last year after lockdown, small and midcap stocks outpaced Sensex which has gained over 70% in the period. Earlier in 2017, small stocks had a robust rally leading to losses in following year as stocks with no fundamental support lost steam while valuations peak. But the tide has clearly peaked in FY21. The latest data showed that 9 out of 10 stocks sold by mutual funds in February were index heavyweights or large caps. So, to understand how are midcaps poised for in FY22 Mint's Nasrin Sultana is in conversation with Ankit Agarwal, Fund Manager, UTI Mutual Fund.