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. https://ift.tt/sYn0qz7