Goldilocks' Gautam Shah weighs in with his expert insights on why retail investors should stay cautious while invested in all-time high markets.
"While India continues to be one of the better performers in global markets, the short term charts look overbought"
Among the recent listings, one can look at Devyani and Nuvoco while on the other hand, will prefer to buy Zomato when it nears Rs 100, he said
Technical indicators suggest a volatile movement in the market in a small range
Nifty is struggling in a range of 15,700-15,900 and either side breakout will decide the further direction
Investors must be cautious and be selective when applying for IPOs, says Kranthi Bathini
Earnings were better than expectations and I believe the risk reward is favourable
Brokerage houses prefer large-cap IT firms for investment opportunities, turn cautious on mid-caps