Madhabi Puri Buch: Sebi chief flags bubble in midcap, smallcap space

The Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, on Monday raised concerns over stretched valuations of small- and mid-cap stocks, which are generally favoured by retail investors and have continued to enjoy their patronage through monthly purchase mandates to mutual funds built around such investment themes. “There are pockets of froth … Read more