I-CAN provides investors the option to choose an online solution for goals such as Retirement Planning, Wealth Creation, Child Education, Buy a Home and Buy a Car. They get access to both the asset allocation that suits their goals and also the recommended mutual funds for each goal.
Sanjay Sinha of Citrus Advisors is cautious on the metal space. including Tata Steel. "There could be some range bound movement, but we will not see a very substantial move in metals pack as a whole and in Tata Steel in particular," he adds.
Sanjay Sinha of Citrus Advisors is cautious on banking space. "If I have to make choices then I would surely pick the private sector banks over PSU banks," he adds.
The the fact that Foreign Institutional Investors (FIIs) have not sold off far too many equities in August are giving experts reasons to be ontimistic on the Indian equity market.
Sanjay Sinha of Cirtrus Advisors says that he continues to be bearish on metal space.
Once tapering of QE starts money will start moving from emerging markets to markets. So, in the near-term, the Nifty can hit sub 5500 levels, says Sanjay Sinha, founder, Citrus Advisors.
He believes in the next 3-6 months, market will become a little more expensive from where it is standing today and this may actually take it to levels that maybe closer to the previous high.
Market experts advise investors to cover short positions on estimates that the market could witness increase volatility in the days ahead and suggest bets on Jet Airways and Titan.