Small and midcaps bottomed out during December-February period and this could possibly be a multi-year uptrend, said Vivek Mavani, Independent Investment Advisor, in an interview with ETNOW.Edited excerpts: Are you using the market upsurge to book prof its or are you buying afresh? Are you using the market upsurge to book profits or are you buying afresh? It is a time to buy fresh in the sense that this is not the time to reduce equity exposure. In fact, it is time to increase the equity exposure because there is now a consensus as far as the broad markets are concerned. Small and midcaps did bottom out somewhere around December to February and this is a new uptrend which could possibly be a multi-year uptrend. It could last at least two, three years and even five years. Different people have different views, but certainly post bottoming out, this is the beginning of a new uptrend. It is time to go out shopping in small and midcaps. What have you been buying? What have you been buying? My sectoral or stock preferences have not changed much in the last of couple of weeks. As far as the power transmission distribution space… Read full this story
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Go out shopping in small, midcaps, uptrend may last up to 5 yrs: Vivek Mavani have 253 words, post on economictimes.indiatimes.com at March 20, 2019. This is cached page on Vietnam Dance. If you want remove this page, please contact us.