Looking at the current state of Nifty, it seems unlikely that the market will touch 9000 anytime soon, says Ashwani Gujral, ashwanigujral.com. So he recommends booking profits but suggests avoiding going short at current levels.
Logistics sector is good for the long-term, says R Sreesankar, Head of Institutional Equities, Prabhudas Lilladher. The stocks have run ahead of the fundamentals and they need to take a breather, he adds.
Market experts advise investors to go short and start booking profits as the market slips into a downtrend. Experts add that investors could enter ITC, RIL with long-term view.
Any decision to sell your fund has to be a well thought out one and not based on some immediate urge. Sanjay Matai highlights seven points to be considered while making a decision to sell.