market correction: Blow-off rallies in individual segments once complete should lead to a prolonged market correction: Rohit Srivastava : vimarsana.com
Rohit Srivastava of Strike Money Analytics & Indiacharts highlights the risk posed by the high positioning in the market. He expects a prolonged corrective phase and warns against being bullish on IT stocks, which still face headwinds. The Rs 50,000-crore positioning that we see is a risk to the market itself.