Don't see trading opportunity in Nifty till it witnesses a decisive close above 17,400
Investors must stick with quality names and add fundamentally strong stocks if markets correct
Best strategy for investors would be to stick with companies with strong fundamentals for the long term
"I do see the Nifty inching higher to 17,500 and then again seeing profit booking at those levels. So it is a buy on dips on the Nifty," he said.
The best of market rally has played out and a fast and furious correction may be coming, says Sanjiv Bhasin, Director, IIFL Securities
Kranthi Bathini of Wealthmills Securities in an exclusive conversation with Money9 picks the right stocks for you
A 200-300 point correction for the Nifty will be healthy at this stage as it will ensure the bulls come back stronger
"Markets are being driven by the rally in large-caps which are playing catch up also the positive commentary by India Inc on Q1"
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
Investors must stick with quality stocks, ensure their positions are well hedged