Why there is some steam left in mid cap rally and the impact of reports on enhanced FDI in banking on stock market rally
Edited highlights
2:13 Majority of commentators are still concerned about the mid-cap rally and valuations. These people think that it has gone too high and could correct quickly and sharply
2:35 As long as there is apprehension that the rally is going to falter, the rally will continue
2:52 There might still be a little more steam left in the market rally
3:08 Some attention has also shifted to large cap stocks particularly the banking stocks
3:13 There are expectations that the government will increase in FDI in banking
