Irrational exuberance! Last lot of new favorite mid, smallcap stocks in dubious category: Kotak Equities

September 11, 2023

Market sentiment is quite exuberant based on steep increase in the prices of many midcap and smallcap stocks, large inflows into midcap and smallcap mutual funds, and huge number of new retail participants in the midcap and smallcap funds, Kotak said.

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