SEBI regulation did not cause the correction in midcaps, but it accentuated the volatility in the market, Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund, tells ET Now.
Edited excerpta:
Everyone has an explanation for why midcap stocks are falling. Some are saying it is valuation, HNI community is blaming it on each other and they are using the word liquidity pressure and redemption.