Mid and small-cap indices trading at rich valuations: Are they really that expensive?
After the surge of the past 15 months, the mid-cap and small-cap indices are now trading at rich valuations. The sharp re-rating even suggests the normal discount relative to large caps has vanished. However, some analysts are convinced that the index valuations are not painting a true picture.
The Economic Times
Mid and small-cap indices trading at rich valuations: Are they really that expensive?