Expensive mid-cap and small-cap stocks could face sharper pressure as US yields rise, according to Harish Krishnan.
Why the warning matters
The view highlights a potential risk for segments of the equity market where valuations are considered expensive. While the source does not provide details on the scale or timing of any impact, it identifies mid- and small-cap stocks as more exposed than other areas of the market.
Market focus
Rising US yields are the central concern in Krishnan's assessment. The comments point investors' attention toward the valuation of mid-cap and small-cap companies as market conditions evolve.
The statement was made in the context of ETMarkets Smart Talk. No further details on specific stocks, sectors or expected market moves were provided.