We do not predict market levels, what we focus on is valuations which are still above average. Small and mid-cap are expensive while large caps are in the fair value zone. We have an internal model for asset allocation which is used for equity allocation in some of our asset allocation strategies and that model is suggesting around 60-65% asset allocation to equity.
Concurrent Gainers: 5 stocks that gained for 5 days in a row
Over the five trading sessions ending May 30, the Sensex declined by 0.33%, shedding 270 points to close at 81,451. The index posted losses on