Shakeout in Indian small-caps seen luring dip buyers to market

Shakeout in Indian small-caps seen luring dip buyers to market

This month’s meltdown in India’s smaller stocks is being termed as a buying opportunity by some investors despite the securities regulator’s warnings of a potential bubble. Perceived as key beneficiaries of the South Asian nation’s 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff that’s pushed down the Nifty … Read more