This rally was unexpected as the sentiment was largely negative and there were too many short sellers globally, when the US Fed made the statement that they had reached a neutral rate. We believe the market is not cheap at current levels, but if FIIs keep buying, markets will head higher. This rally now looks a bit stretched, but we can be wrong, if interest rates have reached the peak.
Banking and finance sector holds promise for absolute positive returns: Vetri Subramaniam
There could be periods of the market in which you want to be 100% momentum and that will be the best strategy to run with