The going looks great and we have in all probabilities entered a bull market for the medium term driven mainly by abundant liquidity. In the short term too we can expect the markets to sustain till the election results and the budget announcements in the first week of March. Valuations though are not cheap anymore and liquidity driven rallies can always surprise you on either direction. Partial profit booking or hedging of portfolios remains a strong recommendation from our side.
No comments:
Post a Comment