Cash is king in the current market juncture: Wealthmills Securities' Kranthi Bathini

“Enter stocks with the highest margin of safety in the current markets, for traders this market can make quick bucks but for investors, one needs to invest in quality names,” Kranthi Bathini of Wealthmills Securities said.

He also believes that there are times when ‘cash is king’. Every portfolio must have 20-30% of cash reserved in current markets. This will help them to enter quality names in a staggered fashion.

He prefers IT, Pharma, and auto as sectors that will do well on the back of positive earnings.

Stock Recommendation

Wockhardt Pharma | CMP: Rs 576 | Upside 25% | Duration 1 year