Certain pockets in mid and small caps appear to be experiencing a favourable reassessment, others seem to be displaying signs of irrational exuberance, said SEBI chairperson Madhabi Puri Buch. This after AMFI based on a SEBI circular has asked fund houses to put in place a policy to protect investors in smallcap and midcap segments in light of the froth building up in the broader markets. Why did the regulator take such steps, Stacy Pereira has all the details.
#sme #sebi #businessnews

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