Large, midcap coming back in focus as contrarian investing gains ground
New Delhi, June 9 -- While the Middle East conflict continues keeping the stock market under pressure, contrarian investing is fast gaining ground as investors anticipate a swift recovery after a US-Iran peace deal is finalised.
The recent correction in the Indian stock market has narrowed India's valuation premium, positioning large and mid-cap companies at more comfortable levels.
Pankaj Mathpal, the founder of Optima Money, believes that buying at the current levels is an opportunity and investing in mutual funds with a portfolio in large and mid-cap companies is a good strategy. This perhaps is the perfect time to enter the market, especially for mutual fund investors who missed the bus earlier, before the bulls took over.
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