kotak equities: Irrational exuberance! Last lot of new favorite mid, smallcap stocks in dubious category: Kotak Equities
With midcap and smallcap indices hitting fresh peaks every day, domestic brokerage firm Kotak Institutional Equities today dropped its list of recommended midcap portfolio saying the primary driver of the rally appears to be irrational exuberance among investors. “The last lot of the new favorite mid-and-small-cap. stocks fall in the dubious category of ‘turnaround’ stories. … Read more