While India continues to be one of the better performers in global markets, the short-term charts look overbought. So, we need to get into a consolidation phase maybe even a correction of 3-5% and post that we could see the next leg up in markets. I see no signs of topping out from a bigger picture perspective but near term, there could be pressure. We have turned a little cautious and are being very stock and sector-specific at these levels as it is not the index game anymore”, Shah said.
Watch the full video to know more…
Loan Against Mutual Funds Vs Redemption!
What things you need to keep in mind before before taking Gold Loan?
Is your income tax verification notice real?
Why did the government succumb to pesky calls?