Nifty 50 to correct another 10%: Marcellus Investment's Saurabh

Marcellus Investment Founder Saurabh Mukherjea expects the Nifty 50 to correct by another 10% for it to be sensibly valued. Stating that the markets are currently seeing a cyclical downturn, he added, "We saw three great years after COVID-19 when the economy did really well." He added that currently "pockets of froth" exist in the small and mid-cap space.