Smallcaps and midcaps should outperform the largecaps: Anil Sarin
On markets, Anil Sarin, CIO, Centrum PMS, said, “We’ve had quite a divergence. Now I think we should be consolidating. And I would not be surprised if the market gives up a little bit of the gains. It has been in a compressed period of time.”
Sarin said, “we have observed is that when things are tough for the economy, when there is a lot of pressure, a market participant seek comfort, in large caps, in safe kind of names. On the other hand, when there is optimism, when there is more of a buoyant economy, such as which we are seeing in India right now.” Sarin said that people look for new names, for opportunities, that favors smallcap stocks and midcap stocks. According to him smallcaps and midcaps should outperform the largecaps in the current senario.
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