The mid-cap party continues. After the recent sharp run-up in the stock market, valuations in this segment have again climbed at a broader level.
While the frontline indices like Nifty and Sensex are still some way off their all-time highs, other indices are already trading at never-before-seen levels. In fact, the BSE Midcap and BSE Smallcap are both trading at near all-time highs. Should investors pare back their exposure to this segment, or are they missing the big picture? ..
