Economy Need to see recovery in the economy before dipping in mid & smallcaps, says Avendus’ Andrew Holland Updated : January 15, 2020 12:37 PM IST Stick to the large quality banks in the most difficult times and as and when the economy does start to pick up then they will be the first to benefit, said Andrew Holland. Economy will take a couple of quarters more to show improvement, he said. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.