The BSE Midcap index has managed quite a turnaround from where things stood on February 29. By that day, the BSE Midcap index had lost 14 per cent of its value for the year compared with a 12 per cent crack in the BSE benchmark Sensex.
Fast forward one month, not only has it managed to rally more than the benchmark (10 per cent compared with a 7 per cent rise in the Sensex), but it has gone from underperforming the 30-pack benchmark to outperforming it.
"We may have hit a botto ..