Stay put or partially exit? Deven R Choksey's advice for PMS clients
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Last Updated: Feb 09, 2021, 01:23 PM IST
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Synopsis
Some profit booking at a regular level and then re-entry at a lower level could be the norm given the volatility into the market.
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Even though some of the companies are quoting at a premium of around 15-20%, clients are being told that there would be a correction of at least 10% in some of these companies, says
Deven R Choksey, MD, KR
Choksey Investment Managers
What are you telling your clients – enjoy the party as long as it lasts or do a Cinderella and press the eject button before it is 12 o’clock?