Weakness in small and mid-caps likely to persist
Positive news like decline in the US bond yields and weakening crude can help the market to revive but it may not sustain given the uncertainty surrounding the West Asian conflict. Investors may opt for a cautious approach to the market till some clarity emerges on the geopolitical situation, he said.
Safety is now in large-caps particularly in banking majors which are fairly valued, he said, image- Pexels