Midcaps, Smallcaps Could Underperform: Manish Sonthalia
Manish Sonthalia, senior VP & head of equities at PMS at Motilal Oswal AMC, says global developments like US elections and bond selloff could impact Indian markets in the near term. The index may not fall much but there could be a rotational trade where value stocks may move up and smallcaps and midcaps could underperform the market, he added.
