Is there a bubble in mid, small-cap space? Kotak and Nuvama slug it out
Mid and small-cap stocks have seen significant gains, prompting a debate about whether the trend is sustainable or not. Kotak Institutional Equities believes the rally is driven by irrational exuberance, while Nuvama Wealth Management sees no bubble in the mid-cap space.
The sharp gains in mid and small-cap space have not only startled investors but also prompted a debate among experts regarding whether this upward trend will persist or if it is likely to lose momentum in the near future.
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