“With high inflows into mid-cap stocks over the last few years, market efficiency within mid-caps have improved a lot. This means that there is less room for active managers to find mispriced stocks and generate alpha,” says Kunal Valia, founder, Statlane, an investment advisory firm.
Gold Price Today: Gold prices witness profit booking, trade lower by Rs 450/10g, silver down by Rs 700/kg
Gold and silver prices see a dip as investors book profits. This follows a rise due to cooling US inflation. MCX gold futures trade lower.