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Midcap correction

See more correction in midcaps: IL&FS (CNBC TV18, Moenycontrol.com 9th Jan 2008) Vibhav Kapoor of IL&FS told CNBC-TV18 that he continues to be pretty bullish. He adds that the midcap and smallcap indices were up some 30-35%, so obviously some sort of correction was very much on the cards and that’s what been happening for the last 3 or 4 days. Provided the corporate results don’t disappoint, there will be upward move resumption very soon, he says.
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