Vijay Kedia warns retail investors to be cautious of frothy market
«Today also I am feeling the same thing that there is a froth in this market, there is a froth in SME, there is a froth in IPO and of course many stocks. The retailer investors, as you say are innocent people, so they should be careful,» says Vijay Kedia, MD, Kedia Securities.
What is your view on the market? You have been ever bullish on the markets we know that. But what are the big themes that you are looking forward to because this is the event that we are having after the new government that has been formed, so the kind of themes that are emerging out to the market, is there anything new theme that you are looking forward to?
Vijay Kedia: I do not know. I am still following the old themes of infrastructure and manufacturing.
Because you have a big-big fan following from the retail investors, we all know that, they are fan of your one liners as well some of your songs. But the kind of participation that the retail investors are having right now, is that a worrisome right now because in the past we have seen all of you coming along and talking about that you see the froth in the market and this is a little concerning. But at this point, when we are seeing the Nifty as well as Bank Nifty very near to the record highs, do you feel that there is froth and the retail investors need to be a little cautious?
Vijay Kedia: Of course, I do feel so, but this I was feeling six months back also, let me tell you. And today also I am feeling the same thing that there is a froth in this market, there is a froth in SME, there
