Stock picking is name of the game; ongoing correction in midcaps healthy: Porinju Veliyath

In an interview with ET Now, Porinju Veliyath, Equity Intelligence India, talks about the ongoing correction in mid and smallcap stocks. The experts also talks about how investors should position themselves at this juncture.

I have to tell you my portfolio management was down by 4 per cent on Thursday not because I am holding stocks which are of no value, but generally a depression has come in midcap and smallcap pockets. It happens if there is a big selloff or leveraged positions are being…

Stock picking is name of the game; ongoing correction in midcaps healthy: Porinju Veliyath