«There are actually no any big negative signs or any big negative triggers which can spiral into a problem as of now but I am saying that the world is in a very disorderly state,» says Vinit Sambre, DSP Mutual Fund.
Enough and more has been discussed and debated that where and why midcap stocks are up. But after the sharp selloff yesterday, do you think we are nearing the end of the party for mid and the small cap stocks for an extended period of time? Is the party over so the Cinderella's of the world be worried now?
I think it is extremely tough to really make out of these daily moves and the way current sentiments are around the midcap, small cap stocks, the kind of flows which we are seeing in these categories, I would say that these small corrections will be really bought into and people may not really give up till the time there are, let us say, bigger triggers.
I mean, there are actually no any big negative signs or any big negative triggers which can spiral into a problem as of now but I am saying that the world is in a very disorderly state.
At one end, we keep talking about high interest rate, recession fears and all of that and at the other end of the spectrum, there is so much money in India which is actually flowing into the small and midcap for right-wrong reasons that time will tell, fundamentally as the companies which keeps showing strong growth over the long period of time they will eventually emerge out as winners and definitely in this rally, there will
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