Front-line indices have tumbled over 10 per cent from their recent peaks in the past few weeks. Saahil Murarka, managing director of Batlivala & Karani Group, tells Puneet Wadhwa in a conversation that it may not be the wrong strategy to invest when the markets are at a high, provided investors continue to stay invested and employ cost-averaging techniques. Edited excerpts:
You specialise in the small and midcap (SMID) segments as a research house, and these two segments have been hit the hardest in the recent market fall. What’s your take on this?
When dealing with the SMID segment, investors