This is the time to buy, market should be okay from December: Sandip Sabharwal

economictimes.indiatimes.com:

Since the Nifty and the Sensex moved up around 20%, there should be a 10% kind of give up because I do not see it going more than that. Now we are maybe 300-400 points away from that in terms of the Nifty, so that is what should be the worst case. I do not see it going below that, says Sandip Sabharwal, asksandipsabharwal.com

Are we just aligning ourselves with the rest of the globe given the outperformance we have had in the past?
Yes, reasons for the corrections come later, but the view was that there should be some sort of correction after the euphoric up move, especially in the small and midcap side because when that kind of euphoria comes in and the kind of crazy valuation which IPOs were getting or are still getting, that is not good for the market so that is the phenomenon which is playing out. That said, my view was that since the Nifty and the Sensex moved up around 20%, there should be a 10% kind of give up because I do not see it going more than that.

Unlock Leadership Excellence with a Range of CXO Courses

Now we are maybe 300-400 points away from that in terms of the Nifty, so that is what should be the worst case. I do not see it going below that. In that context, after three-four months, this is the time when markets are giving opportunities to buy and whoever has cash should start allocating now and allocate till the end of November. That is my view, from December, the market should be okay.

Let us get that list going. You almost axed your foot there. What is it that is looking ripe after the recent correction?
I