As muted institutional buying may take a step back ahead of holiday season, correction is likely to deepen across the board in the next couple of days, said analysts
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“SIPs are still coming largely into mid and smallcap funds but institutional players are cautioning that move into largecaps out of mid and smallcaps. As we saw on Monday and Tuesday last week, market returns are very lumpy and a few days will give the entire year s return. So, if you are not invested, you will miss out on that.”