Mid-cap bank stocks might outperform in near-term: Mape Sec

Udit Mitra, Director - Research, Mape Securities joins CNBC-TV18 to discuss how the banking stocks are positioned in the current rate-sensitive yet high-inflation environment. Headwinds persist for the sector in the short-term and the largecap stocks are unlikely to outperform over the next 3-6 months, he says. However, mid-cap and small cap banks with high CASA ratio, such as Dena Bank, J&K and Andhra Bank, have a potential to outperform the Sensex or Nifty, he observes.