Even as the market soars to a new high everyday, there are experts who see the momentum slowing down.
DSP BlackRock Investment Managers, for instance, believes that the market will now remain rangebound in the next 6-12 months. “In terms of valuations, we are at the upper level of it. Making a case now for a big upside from this point is difficult,” Atul Bhole, VP & Fund Manager, DSP BlackRock Invst Managers told CNBC-TV18.
Having said that, Bhole does not expect a big correction in the market as macros have started to fall in place and interest rates have come down. So, how does one play this market? Bhole believes there is a lot of scope for stock-specific action. “If the stock selection is right in the large-cap space, there is good money to be made in 2-3 years,” he told the channel.
