MUMBAI: Investors in India’s mid-sized companies’ shares will need to be patient for returns to improve as the nation’s recovery from an economic slump will be slow, according to fund managers.
The NSE Nifty Midcap 100 Index logged its biggest monthly gain in 10 months in January, as the gauge rebounded after back-to-back annual declines fuelled by a shift in investor preference toward safer stocks amid a slowing economy.
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