Indian stock markets have touched new highs with benchmark Sensex and Nifty extending their record breaking spree without any volatility, indicating that there’s no scope for fear.
According to experts, the recent bull trend not comparable with any of the previous market rallies. Since March 2020, the markets have seen only shallow corrections from time to time which means that sellers have never been in control. That’s the reason there is no large dip in any point of time. During the last 4-5 sessions, the momentum has just got better.
Also, investors need to be cautious at this time. They have to look at which stock has the higher margin of safety as most of the small, mid cap and large cap stocks have given higher returns. Also, do not compromise on quality of stocks. Watch Goldilocks’ Gautam Shah and WeathMills Securities’ Kranthi Bathini share expert insights with Rahul Oberoi on Money9.
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