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Goldman says India midcaps getting popular with foreigners again
Overseas investors are increasing their holdings in India's midcaps, according to Goldman Sachs, with foreign ownership up to 16% of their market capitalisation. The trend represents a sharp reversal after five years of decline, and evidences global money's return to smaller and riskier Indian stocks even as the smaller stocks remain dearer than the large.
Overseas investors are increasing their holdings in India's midcaps, according to Goldman Sachs, with foreign ownership up to 16% of their market capitalisation. The trend represents a sharp reversal after five years of decline, and evidences global money's return to smaller and riskier Indian stocks even as the smaller stocks remain dearer than the large. 
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