And you thought midcaps and smallcaps have been under pressure over the past three months because of the Sebi reclassification, requiring mutual funds to rejig their portfolios?
Mutual fund houses across the board exited several midcap and smallcap stocks over the past three months. As such, while the largecap equity indices have shown signs of stabilising in recent weeks, midcaps and smallcaps continued to be in turmoil. In fact, these stocks continued to bear the brunt of the selloff ..
