Dipan Mehta on why midcap stocks are doing very well

I think one strategy which has worked very well is that in any sector which you are positive on, if you go down the line, look at the tier III, tier IV or tier III or tier II companies or the midcap companies within that particular sector, then you will find that in bullish markets like this, those companies will tend to outperform the market leaders or the large cap companies within that sector.