DII and FII buying at various bottoms have arrested the downfall and we see buying interest from various market participants, said Vijay Kuppa of Orowealth.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Prashanth Tapse of Mehta Equities advised investors to add more and hold it for short to medium term with a target of 1,150-1,200.
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