Karvy Stock Broking gives 10 midcap stock ideas for 2020

SUMMARY

As the market is touching all0-time high over hopes of a recovery, Karvy Stock Broking believes mid-cap stocks are likely to lead gains in the stock market in 2020, while large caps may be range-bound. “Overall, we expect the Nifty to end 10 percent higher at around 13500 levels and midcaps should be higher by 20 percent at 20500,” it said in a Jan 10 report. The brokerage recommends 10 midcap stock ideas for 2020. The 10 midcap companies, the brokerage said, reflect superior businesses with consistent future cash flows, run competently and have potential for exponential stock price growth. (Disclaimer: CNBCTV18.com advises users to check with certified experts before taking any investment decisions.)