Where should you reallocate funds if you intend to sell a part of your portfolio ahead of market correction?
Live MintSome investors and traders speculate a correction is around the corner since a liquidity-driven market rally may have run its course. Various factors justify recent market euphoria such as commodities run-up, lower interest rates, and government reforms,” said Ankur Kapur, CFA, a SEBI-registered investment advisor. As some investors are cautious about major selling by foreign institutional investors, Chokkalingam allays the fear when he says that this would not happen because any major selling will be harmful to the institutional investors since this would cause a fall in the value of Indian rupee, eroding the worth of their own portfolio. “There could be a slight fall in the market in the short run, but the medium to long term growth is promising for Indian markets,” he says.
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