“Over the next decade or so, India is likely to gain in dominance relative to China, when it comes to a number of sectors such as chemicals, pharmaceuticals, steel, and so on. Over a period of time, small and midcaps will continue to outperform their large-cap peers even on a risk-adjusted basis. If one can pick the right kind of businesses to back, a lot of these are likely to become largecaps over the next 3-5-7 years.”
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions