We are off to a shaky start. The midcap index is down for the 9th day on the trot now. Why are midcap stocks feeling the heat?
There is a bit of collateral damage here. In a risk-off, people just want a flight to safety. In such a scenario, the baby gets thrown out with the bathwater. Some of the midcaps were actually expensive and with great business models, but there are also a fair number of companies which are decent promoters, have good business models and as a resu ..