A majority of people believe that Indian markets follow what has been happening in Russell 2000 and in the midcap, while COVID marks a bit of near-term break on the largecap Index this year. The midcap bull market ended in 2018 and were already in a bear market.
Currently, a comeback of midcaps is witnessed in the market.
Price-to-book wise the midcaps have corrected very sharply, at 40-50 percent of peak value and that is why a lot of people believe that perhaps it is a time to buy midcaps.
In this episode of the CNBC-TV18 Investment Guide, Pankaj Tibrewal, Senior Executive Vice President & Equity Fund Manager at Kotak Mahindra AMC, will guide investors on what to buy, what to avoid and answer all the stock market related viewer queries.
Watch video for more.
To watch other videos in this series, click the CNBC-TV18 Investment Guide tab below.
(Edited by : Bivekananda Biswas)
First Published: Nov 25, 2020 4:42 PM IST
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