We advise investors to take the money out of risky asset classes and take a defensive stance over the next few weeks. The bear market in small-caps and mid-caps is just getting started, and the stocks falling under these categories will see major sell-offs until inflation fears subside
"This is a good time to build your portfolio as money is flowing into Indian market. I would like to be fully logged in markets ahead of the Budget,” said Suri.
In an interview to CNBC-TV18, Bofa Merrill Lynch Global Research's head of European equities strategy Gary Baker gave a global market outlook and how he sees India performing from hereon.