Corrections in mid and small caps are underway and expected to continue, with regulators urging disclosure of associated risks to AMCs, says Vinod Nair, Head of Research, Geojit Financial Services.
Banking stocks reversed initial weakness to perform well on the back of an improved economic outlook, while weakness persisted in the IT and pharma sectors, which are more closely tied to the global economy, he said.
The release of additional data from the US, such as PMI and payroll data, al...
Corrections in mid and small cap stocks are underway, say analysts
