Larger companies with more significant moats might be better placed in times of crisis to tide over the uncertainty, says Nikhil Kamath, co-founder and CIO, True Beacon and Zerodha. In an interview with Ashley Coutinho, he says retail investors typically enter the market ahead of a correction but this time could be different. Edited excerpts:
Retail volumes in the market have shot up in the last few weeks. What do you make of this trend, given the tendency of retail investors to join the party late and get their fingers burnt?
Retail participation has gone up significantly in the last