Nitin Raheja, CIO of Rada Advisors
He said,
Investor should not go in and buy just because he/she is feeling left out in the rally.
The markets currently had run up substantially and that fundamentals needed to catch up with the present levels. On whether one should buy post election results — a nervous event, whose outcome could decide the course of the market.
If we do get a government of choice, which the market wants: you might see a rally but I think that even if that might actually see retail investors jumping in, I would honestly advise people to sit on the sidelines. Just keep a lookout for the corporate results that are coming in.
positive on construction and the sugar sectors, going forward.
source:MC
Investor should not go in and buy just because he/she is feeling left out in the rally.
The markets currently had run up substantially and that fundamentals needed to catch up with the present levels. On whether one should buy post election results — a nervous event, whose outcome could decide the course of the market.
If we do get a government of choice, which the market wants: you might see a rally but I think that even if that might actually see retail investors jumping in, I would honestly advise people to sit on the sidelines. Just keep a lookout for the corporate results that are coming in.
positive on construction and the sugar sectors, going forward.
source:MC
0 comments:
Post a Comment