Mid-caps have bottomed out, good time to enter: Jhunjhunwala
BSE Midcap index logged gains of 2.25 % last week while the BSE Smallcap index gained 3.32 %.
By ET Bureau |
PTI
“Indicators are suggesting that stocks have bottomed out, particularly mid-caps, and this is a good time to invest,” he said in an interview.
The BSE Midcap index logged gains of 2.25 per cent last week while the BSE Smallcap index gained 3.32 per cent, outperforming the benchmark BSE Sensex. Ace investor Rakesh Jhunjhunwala, has already turned bullish especially on the mid-cap space. “Indicators are suggesting that stocks have bottomed out, particularly mid-caps, and this is a good time to invest,” he said in an interview.