Synopsis
“We have not seen any correction during the last six quarters and it may come when least expected. Not sure whether it will be price correction or time correction and whether it will be triggered by global or local events.”
With regular dips and bounce back in the broader market indices, we are possibly already in a time correction, Shyamsunder Bhat CIO, Exide Life Insurance tells ET Wealth.
What is your stock market outlook now?
We were overweight till three months back; but have become cautious since. We were maintaining significantly overweight equity positions in our hybrid funds. We have brought it down to moderate overweight now. We remain fully invested in
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