Rahul Chadha Of Mirae Asset Global Investments

After a remarkable run for several weeks, mid-caps and small-caps went into correction mode on September 12, a day after Kotak Institutional Equities called the rally in midcaps “irrational exuberance.” In today’s trade, NSE Mid-cap index fell 2.62 percent, while the Small-cap index was down 3.4 percent.

Time of easy money is over, positive on auto and consumer discretionary: Rahul Chadha

But, there is one positive and that is economic data which is showing signs of improvement not just back home but across the globe.

Rahul Chadha underweight on oil & gas, metals

Rahul Chadha of Mirae Asset Global Investments remains positive on consumer discretionary names. "Our underweights would be essential oil & gas, commodities and metal space," he adds.

Mirae Asset Global underweight on metals space

Rahul Chadha of Mirae Asset Global Investments is underweight on metals space.

Marginally underweight on financials: Mirae Asset Global

Rahul Chadha of Mirae Asset Global Investments is marginally underweight on financials.