The valuation discount (Mid‐cap discount to large‐caps) at which mid‐caps Sensex: 20,709 traded between August and October 2013 has largely evaporated in the recent market rally. The BSE Midcaps Index now trades at a 17% discount to the Sensex and the CNX Midcaps Index trades at a 7% discount to the Nifty. These are among the lowest discounts seen historically. Hence, bottom‐up stock picking assumes even greater significance
Amara Raja Batteries
Crompton Greaves
Havells India
Bajaj Finance
Shriram City Union
MindTree
InfoEdge India
Biocon
Torrent Pharma
Sobha Developers
