Although the midcap index on Monday was at a lifetime high, Deepak Shenoy, Capitalmind.in says, there could be an upside of 2-3 percent but the risk to the downside is much more.
If you are an investor with no position in the market right now, then you should keep it that way and wait on the sidelines on Monday. That's the advice from Sushil Kedia, Director (quantitative strategy) of CIMB.
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