Great Eastern Shipping, Blue Star good bets in mid-cap

Dinesh Thakkar, CMD, Angel Broking, spoke to ET Now on the further growth prospects of mid-caps.

ET Now: What would you do with the midcap side of the market? People term it very frothy but also people say that that is the only space wherein there is a bit of a valuation catch up to be played. At current levels, would you make a fresh entry into the midcap side of the market?

Dinesh Thakkar: We like midcap space because this is not well researched company and there are inefficiencies in terms of price discovery. So in that space, if at all investor is informed properly, if he really tracks company or takes some guidance from media or is brokerage house, there are lots of good stories. So what we like again changes from time to time. It is not one story that we are fixated. Right now, we like Great Eastern Shipping, we like Blue Star in capital goods sector. So there are many stories that we like but for this segment, investor should get in touch with his broker and should invest only in stocks which are researched and where he will get updates on that stocks.