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30 mid and smallcap stocks hit record highs in March; should you buy?

Updated : March 25, 2019 10:26 AM IST

On a year-to-date basis, the broader market indices have underperformed benchmark indices. But, recent rally suggests that the momentum has slightly shifted towards smaller players as well.
After the correction seen in 2018 and 2019 so far, valuations have become fairly attractive, and the second reason which is supporting the rally is strong institutional flows, suggest experts.
Momentum drives price and if the momentum is with stocks which are hitting fresh record highs, yes the trend will sustain. It makes sense now for investors to dip into selective mid & small caps, but stock selection remains the key.
30 mid and smallcap stocks hit record highs in March; should you buy?

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