Complete Circle Consultant.
What do you make of this pause mode in the market? Will there be a directional move either on the upside or the downside?
It is almost impossible to predict short-term moves but some consolidation, some correction in a few pockets is always healthy. There are obviously a few pockets of exuberance and one needs to tread with caution. The market is showing some signs of fatigue around these levels. So whatever we invest in, has to be backed by solid earnings support. By that, I do not just mean Q1. A more near term and a blend of growth and value strategy would help rather than just chasing momentum in a few pockets. As the economy opens, auto, some of the IT names and pharma and some of the specialty chemical names should do well.