Summary
“We have not seen any correction during the last six quarters and this may come when least expected. Not sure if this will be a price correction or a timing correction and whether it will be triggered by global or local events.”
Shyamsunder Bhat, CIO, Exide Life Insurance told ET Wealth that with the regular fall and bounce in the broader market indices, we are probably already in a time of correction. What is your stock market outlook now? We were overweight until three months ago; But have since become cautious. We were maintaining a fairly overweight equity position in our hybrid funds. We have now reduced it to medium weight. We remain fully invested
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