Comfortable in largecaps but consumer stocks too expensive: Sanjeev Prasad, Kotak Institutional Equities

Talking to ET Now, Sanjeev Prasad, Senior Executive Director & Co-Head, Kotak Institutional Equities, says largecap valuations are reasonable but midcap valuations are worrying. The trigger has been three-fold – GST, the possibility of good monsoon and earnings revival.

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