There is still some downside to valuations. So, this sort of time correction that we have seen in financials from a longer-term perspective would continue for another couple of years.
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,