Samir Arora of Helios Capital feels the world has turned choosey and stock picking has become difficult in such uncertain environment.
The US economy is now stalling and the odds are that a recession will follow. However, Arora said, the main concern for the global market is the European debt crisis. "We continue to remain cautious," he said adding, "Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!