2020 could be year of midcaps: Sanjiv Bhasin of IIFL
Indian markets have seen relentless selling pressure in the past one month. And the midcap stocks have suffered big losses. Sanjiv Bhasin, executive vice president at IIFL, sees midcaps offering a good entry point for investors at current levels. Midcaps look attractive due to underownership and are trading at attractive discount to largecaps. He recommends an SIP in good quality midcap stocks or mutual funds.