Milan Vaishnav of Gemstone Equity Research spoke to Money9 on the strategy investors should follow at record highs.
No one can predict when a correction will come, take some profits off the table and stick with stocks having strong fundamentals
Nifty has been consolidating but at the same time, individual stocks were participating and therefore we know the underlying bullish trend continues
Best strategy for investors would be to stick with companies with strong fundamentals for the long term
"Markets are being driven by the rally in large-caps which are playing catch up also the positive commentary by India Inc on Q1"
Milan Vaishnav of Gemstone Equity Research spoke to Money9 on the way markets will be headed from current levels.
"The stock markets will not stop here, we will see 17,000 on the Nifty very soon"
Elevated retail inflation in India is a key risk to consumer spending over the remainder of this year, as it can erode purchasing power, says Fitch
Today's target on Nifty is 16,720 and once that gets taken out then 16,750 can be seen today
On the sectoral front, IT and Pharma need should be on investors' radar which are seeing positive rotation