Why mid-cap stocks still hold promise despite recent sell-off and how to invest in them now

The lucky streak is over for mid-caps. After a relentless uptick in share prices across the segment, the tide has clearly turned. Since the end of December last year, the BSE Midcap index has plunged 13%, even as the benchmark Sensex gained 2.5% in the same period. Last month saw the mid-cap index post its worst monthly fall (-6.8%) in nearly 18 months. Individual stocks have shed much more. From the BSE Midcap universe, 24 stocks tanked 30% or higher, while another 55 have corrected between 10% ..

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