“Where there’s smoke, eventually there’s fire, so the market is pricing in improved optimism, though at the moment it’s all based on hopes,” said Rodrigo Catril, senior currency strategist at National Australia Bank in Sydney.
10 midcap stocks that have fallen up to 58% from their 52-week highs
Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep corrections. Data from ACE Equity reveals 10 prominent midcap stocks,