Be cautious! Deeper market corrections likely in Sept, Oct: Sandip Sabharwal - Economic Times


8/21/2022 12:00:00 AM2 years 8 months ago
by ET Now

“ If we get a 5-10% kind of correction, then markets will come into a better zone. Sectorally, we might get better opportunities into sectors we could outperform going forward. September-October tends to be months which have historically seen deeper correcti…

"There is a 3-5% downgrade of Nifty earnings after the current result season but markets are up 12-15% from the beginning of the result season. That by itself puts the market in an overvaluation zone… [+5761 chars]

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