ETMarkets Smart Talk: We expect mid and smallcap index to outperform largecap over the next 12 to 18 months: Anand Rathi
“Corrections, whether through consolidation over time or absolute fall, cannot be ruled out in such instances. However, at the index level, we expect mid and small-cap outperformance over large-cap to persist over the next 12 to 18 months,” says Anand Rathi, Founder & Chairman, Anand Rathi Group.
In an interview with ETMarkets, Rathi, said: “Currently, the future profits prognosis for mid- and small-cap firms appears to be more promising than that of large-cap stocks” Edited excerpts:
Nifty@20,000 but it seems to be finding some resistance at higher levels – What is your take on markets at present?
The Indian equities market has risen throughout the current fiscal year after remaining range-bound since October 2021. In the last 12 months, the large-cap has gained roughly 12%, the midcap around 25%, and the small cap over 30%.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisitIIM LucknowIIML Chief Marketing Officer ProgrammeVisitConsidering this, the recent phase of consolidation is both expected and good for the equity market from the medium to long-term perspective.
While we are unsure about the possibilities or even directions of the near-term market movements, we remain optimistic about the Indian stock market's medium to long-term prospects.
What is your take on the recently concluded G-20 in Delhi?
The Group of 20 (G-20) is a forum for 19 systemically important countries and the European Union. In a multipolar world and at a time of rising geopolitical uncertainty, the Group of 20 is an important forum for improving economic, financial, strategic, technological,
