Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index pea
- Posted on May 31, 2026
- By Business News Today
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- 1 min read
Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index pea
Nippon India Mutual Fund's Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth and improved valuation comfort after a prolonged time correction. He favours financials, consumer discretionary and select industrials, while emphasising a bottom-up stock-picking approach to navigate geopolitical and macroeconomic uncertainties.