ETMarkets Smart Talk: Raghvendra Nath explains what is powering rally in small & midcap space
“The market is witnessing robust traction in the small and mid-cap space and these indexes are consistently outperforming the broader benchmark, given the strong buying momentum,” says Raghvendra Nath, MD, Ladderup Wealth Management Pvt. Ltd.
In an interview with ETMarkets, Nath said: “Small and mid-cap space encompasses a variety of choice picks indicating stellar growth and return possibilities, amid the fast-growing economic landscape in India. These factors are, synergistically, driving interest in the space” Edited excerpts:
What a month for Indian markets – Nifty climbed 20,000 and then saw some profit-taking. How are you seeing markets?
Given the overall positivity in sentiment post the successful G20 presidency, which is expected to propel Indian economy to the forefront of the global arena, as well as lower CPI and wholesale inflation, domestic indexes are likely to continue their strong performance going ahead.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Marketing Officer ProgrammeVisitIndian School of BusinessISB Chief Technology OfficerVisitIndian School of BusinessISB Chief Digital OfficerVisitEven as we may witness some sectoral rotation in the broader market, the outlook is strongly positive, especially in the large cap segment.
It seems like the maximum interest is in small & midcap space. Is the FOMO causing the catching-up?
Yes, the market is witnessing robust traction in the small and mid-cap space and these indexes are consistently outperforming the broader benchmark, given the strong buying momentum.
While the tremendously attractive valuations post the previous low, is a major reason behind the bull run, a fear of missing out on
