Not whole mid, smallcap segment expensive; bullish on power sector, says Sandeep Bagla of TRUST Mutual Fund

News Snapshot:

Sandeep Bagla , CEO of TRUST Mutual Fund says within mid-caps and small-caps, there are significant variations in valuations. He pointed out that the mid-cap and small-cap space will always be a stock pickers’ canvas. In an interview with Mint, Bagla talked about the current market structure and sectors he is positive about. Edited excerpts: Can we expect a pre-election rally? How could the outcome of General Elections 2024 affect the domestic market? In my opinion, the markets have already factored in stability and continuity to some extent. In case the market senses a stable government, there is a good...