Time to cash out or hold on? | Vinod Karki to ET NOW
35Vinod Karki from ICICI Securities speaks to ET Now and shares his outlook on the rally. He also talks about the momentum in the market and liquidity-driven rally as it is certainly intact, says, ‘PMI has contracted for India, but the data is been gradually increasing. Risk appetite is rising all over the world. The high-frequency indicators are suggesting that the recovery is reasonably good. Data points are at a mix of hope and despair. We cannot wish away expensive quality stocks from the portfolio. The fear of NPAs is largely focused around MSMEs, though the government’s measured to protect MSME’s has brought in some relief’.
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