Jayesh Gandhi, fund manager at Aditya Birla Sun Life Asset Management, spoke to CNBC-TV18 about the stocks market trends and outlook.

“I do not see a significant correction. There could always be small corrections and those are part and parcel of the bull market that we are currently in,” said Gandhi.

“There could be small volatility, let me put it that way, but not a big selloff,” he added.

On sector front, he said, "We are seeing a lot of value in the midcap and smallcap segment".

"Earnings for midcaps and smallcaps will come in better than some largecaps," said Gandhi.

First Published:Aug 31, 2018 2:32 PM IST