Historically, the benchmark index made a trough whenever the long-short ratio dropped to 0.2-0.3. In the past five years, there were only 19 such instances out of total trading days of 1417.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South