With the benchmark index Sensex reaching the 80,000 level, the market expert recommends that while the rally has been broad-based and swift, the market doesn't appear irrationally exuberant yet.
“With earnings season underway and key large caps delivering, the momentum may continue in the near term. However, given the sharp rise in a short span, some moderation or consolidation is possible. Booking partial profits or rebalancing to maintain asset allocation discipline makes sense. That said, India remains a structural growth story, and long-term investors could still benefit from staying invested — especially if they are diversified across sectors and market caps,” Sagar Shinde, VP of R ..
