Looking for midcaps after the recent rally? Elara Capital suggests these 10 stocks

It may look like the recent rally in midcaps is overheating, but in reality, it is a swing-back from extreme underperformance posted during 2018-2022, said Elara Capital. Midcap index has outperformed benchmarks in 2023 YTD, rising over 30% vs a 10% jump in Nifty.