H3: Sensex and Nifty 50 Reach All-Time Highs: What Should Retail Investors Do?
– The Sensex and Nifty 50 have hit record levels of 64,000 and 19,000 respectively, driven by strong domestic growth.
– Global investors are optimistic about the India growth story in the next decade, adding to the momentum in the markets.
– Akhil Chaturvedi, Chief Business Officer at Motilal Oswal AMC, believes that the current market rally is broad-based and expects double-digit returns for investors in the long term.
– Chaturvedi advises retail investors not to try and time the market in the short term but to allocate money according to their asset allocation model and liquidity requirements.
– He also discusses investment prospects and suitable time horizons for hybrid funds, flexi-cap funds, and debt funds in the current high-interest rate scenario.
– Chaturvedi recommends allocating a percentage of the portfolio to gold in the long term.
Summary:
The Indian equity markets have reached new heights, with the Sensex touching 64,000 and the Nifty 50 crossing the 19,000 mark for the first time. This rally is supported by a strong domestic growth story and optimism among global investors about India’s future. According to Akhil Chaturvedi, Chief Business Officer at Motilal Oswal AMC, the current market rally is broad-based and can deliver double-digit returns for investors over the long term. Chaturvedi advises retail investors to have a long-term view and allocate money as per their asset allocation model and liquidity requirements. He also discusses investment opportunities in hybrid funds, flexi-cap funds, and debt funds in the current high-interest rate scenario. Additionally, Chaturvedi suggests including gold in the long-term portfolio. Overall, retail investors should focus on a disciplined investment strategy and avoid trying to time the market in the short term.
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