Maximum downside for largecaps could be 5-7%; Infosys, Tech Mahindra top buys: Arun Malhotra

“Price declines have made valuations quite reasonable. I am of the camp that not much downside (max 5-7%) is left in the short to medium term for large-cap stocks,” says Arun Malhotra, Founding Partner & Portfolio Manager, CapGrow Capital Advisors.