10% correction a norm, not an exception; looking for undervalued, under-owned & underperforming stocks: Jyotivardhan Jaipuria

Jyotivardhan Jaipuria, Founder & MD of Valentis Advisors, discusses the recent market correction, attributing it to high valuations and slightly disappointing earnings. He believes this correction is normal and sees long-term potential in undervalued small and mid-cap companies. Jaipuria favors private sector banks within the BFSI sector and prefers discretionary consumer stocks over consumer staples.