Upside potential much higher than downside risk: Sandip Sabharwal
«So, this is the time to invest in largecaps to start with as of now, maybe some select midcaps which have delivered very strong numbers where visibility is very strong and hold them possibly expecting maybe some more minor dip, but upside being much more than downside,» says Sandip Sabharwal, asksandipsabharwal.com.
The why, hum kyu gire hai we know it. Where are we headed and what should one do? Let us address that.
Sandip Sabharwal: Kyu gire hai, kyoki hum bahut chad gaye the isliye.
So that is the easy part. See, the why is easy. Where and what is difficult?
Sandip Sabharwal: No, it is not difficult. We cannot be over bullish and markets are rising in a straight line. We cannot be over bearish and markets are falling like they are falling right now. So, the pockets of value have emerged, especially on the largecap side, and that is what we need to capture at this point of time. In my view, market downside, let us say hypothetically there is aggressive selling which is not absorbing anything somewhat more.
The markets can fall maybe 2-3% more or maybe they would not. I do not know. But we are more near value emerging on the largecap side rather than trying to say that market will fall another 10%, which is the kind of theory going around now, which is always there. So, when markets are rising, no one wants to be negative, when markets are falling and no one wants to be positive, that is not how investing should be done ideally. So, this is the time to invest in largecaps to start with as of now, maybe some
