Slightly Cautious On Mid, Small-Caps In Near-Term: Nilesh Shah
Nilesh Shah, MD, Kotak Mahindra AMC remains slightly cautious on the midcap and smallcap segments in the near-term. In an interview with NDTV Profit, he said the Indian stock market is witnessing relentless selling by foreign institutional investors (FII), adding that the market has seen PE de-rating. He does not expect PE de-rating in the near future.
