While largecap stocks saw a steep fall today, midcaps too had a bad day today at the Indian equity market. In an interview to CNBC-TV18 Ajay Bagga and Devang Mehta of Anand Rathi say the midcap space is likely to see more pain on the yuan devaluation. Mehta says the alarm bells started ringing last week itself and now is a good time to exit the stocks as the rally now will only been seen in good quality names.
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