Sensex touched 60K and there is no sign of slowing down. Is this the time to be cautious and book profit in 50% of exposure?
I believe yes as the numbers are unsustainable and a crash may be inevitable in near future. Liquidity driven rally is driving everyone crazy. Chinese are struggling and huge debt is another factor to watch out for.
In the end, market is always right and people will justify whichever way it goes.
Happy Investing!
Disclaimer: Please note that these are personal views of the author. All investors are advised to conduct their own independent research into individual stocks or industries before making any decision. In addition, investors are advised that past stock performance is not indicative of future price action.
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