These quality mid-cap stocks have fallen more than 10 per cent in the month of December!

Amid the heavy sell off, many quality midcaps, which have proven to be wealth creators for the investors in the past, have witnessed correction and are trading at low PE

The last few trading sessions have been quite difficult for retail investors as Sensex witnessed its worst week in 6 months, amid the rise in the covid cases, especially in China. Nifty fell for the fourth consecutive session and closed 1.77 per cent down. The bears have been in action not just in Indian markets, but also in US markets where the investors are fretting about an increase in the Fed rate, adding to the possibility of economic contraction.

With times like these, investors shouldn’t panic and keep a close eye on the fundamentally strong companies. Amid the heavy sell-off, many quality midcaps, which have proven to be wealth creators for investors in the past, have witnessed correction and are trading at low PE. Following are the few quality midcap companies which have witnessed correction in the month of December so far: