
(Bloomberg) -- A measure of Indian mid-cap stocks had its first monthly decline this year, fulfilling the cliche of sell in May and go away. But, that wasn't the case with the benchmark S&P BSE Sensex, which extended its winning streak for a fifth month and set fresh records.
The rally is likely to continue, said Reliance Securities Ltd.'s Rakesh Tarway, because bigger companies are still more attractive than their smaller counterparts in terms of valuation.
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