ETMarkets Smart Talk| India less vulnerable to US rate shocks, but expensive midcaps remain at risk: Amar K Ambani

Indian equities are better positioned to withstand global rate shocks due to strong domestic liquidity, but expensive mid- and small-cap stocks remain vulnerable to rising US yields and earnings disappointments, says YES Securities’ Amar K Ambani. He expects quality smaller companies to deliver alpha but stresses the need for greater selectivity.

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