Current year 2018 has seen muted performance in the benchmark indices, while mid-cap and small-cap stocks have bled. While Sensex and Nifty hit record highs very early on in the year, both the indices soon slipped and have so far managed only moderate gains of 2-4%. Albeit, entering into the second half of 2018, the benchmark indices resumed their upward trajectory, with the Sensex recently hitting a fresh record high and the Nifty reclaiming the 11,000-mark after five months.
Edelweiss MF’s Trideep Bhattacharya: Inflows following earnings growth last longer
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