MARKET VIEW: INDICES AT LIFETIME HIGH
Markets are at their lifetime high celebrating three years of Modi government. Valuations at these levels have become very steep and we expect markets to consolidate at these levels with a strong support at 9200.
It would be prudent to book partial profits at these levels and switch from equity mutual funds to balanced funds. Investors should exit from small and mid caps and should switch to large caps.
Market View: INDICES AT LIFETIME HIGH /26/ May /2017.