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Down-and-out mid-cap stocks may be ripe for the picking

Posted: Mon Sep 03, 2018 11:12 am
by Pee Vee
This is the right time to start buying mid-cap stocks. Eight out of 10 mid-cap stocks are down anywhere from 15 per cent to 80 per cent. Normally, when mid- and small-caps crash, they take between one and three years to recover. But in the past seven months, the correction in mid-caps has been so severe that the fall is equivalent to what happens over two-three years.

Of the 4,000 actively traded stocks in the market, if we take out the top 15 Nifty stocks over the past one year, the remaining stocks have lost as much as ₹10-lakh crore in market capitalisation from the peak in January. ... 849269.ece