Midcap will continue to outperform: Chaturvedi
Published on Thursday, May 28th, 2009 at 3:29 PMAuthor: admin (5507 Articles)
Ved Prakash Chaturvedi, MD, Tata Mutual Fund feels that out performance in the midcap sector will continue over the medium term.
“I have been a long term bull on Indian midcaps. The story in India is carefully selected midcaps. One has to be careful, you can go terribly wrong and lose a lot of money but the long term story of India will be midcaps. My sense is that the out performance in the midcap sector will continue over the medium term. Since there has been such a sharp run up my gut feel is that there is very short and swift correction in the market, which will at some point of time happen but generally the mood will be good cheer. When we look back over the next 12 months on this period, midcaps would have out performed.”
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.
Source : MoneyControl
Subscribe to my newsletter filling the form below. I'll try to make you happy.
Related Posts :
|
|
|
Market Live |
|
|
Loading ...
The stock market rallied on Friday to its best close in two weeks on the back of institutional buying that emerged at lower levels. The
BSE sensex, after a flat start of trading, gained through the session to close at 14,765, up 419 points on the day. The day’s upmove was also helped by trend reversal in most of the major markets in Asia and Europe.
Read more detail click on http://puntercalls.com/news/sensex-rises-flat.html