Why mid & smallcaps will outperform and what sector will throw up a dark horse
“The smallcap and midcap space is largely invested in by domestic investors and they are under no duress or pressure to sell. That is why smallcaps and midcaps have been outperforming and this outperformance will continue for some time till the dollar index stabilises and the US is done with the rate hikes,” says Rakesh Arora.