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‘Complacency’ of 2023 could mean turmoil ahead for small & midcaps
“The predominant higher closings of the Nifty in 2023 were like the one seen in 2017,” said Sahil Kapoor, head of products and market strategist at DSP Mutual Fund. “Like in 2017, this indicates complacency may have set in and market participants are not prepared for any shocks that may come.”