Acknowledging that the across-the-board sell-off has made valuations attractive, SAMPATH REDDY, chief investment officer at Bajaj Allianz Life tells Swati Verma that though the market recovery – whenever it comes – will be led by large-cap stocks, from a three to five year perspective, even the small-and mid-cap stocks look very attractive right now. Edited excerpts:
Your view on the current market scenario?
Markets are no longer looking at the fundamentals. There is an extreme fear of coronavirus (Covid-19) pandemic and its impact on the economy which is playing on investors' minds. At this point in time, nobody seems to