Personal Finance Small and midcap indices could rally 10-15% in next two quarters, says Samco Securities Updated : February 19, 2019 06:26 AM IST Small and mid-cap stocks have been correcting since more than a year now and the recent decline suggests they are nearing a bottom from an intermediate time perspective. Bank Nifty is expected to remain under pressure but the larger consolidation with time correction is expected. For traders, the choppiness will be a nightmare and the index should be avoided. Private sector banks should be avoided from a short-term point of view. Additionally, the Indian rupee will be in a non-directional mode at least till elections.