Consolidation from bottom-line perspective may play out over next few quarters: Kalpen Parekh
Kalpen Parekh of DSP Mutual Fund advises caution amidst market corrections and suggests continuous monitoring for rational investment decisions. Small and midcap froth, Covid impact, revenue slowdown, and high valuations signal a need for prudence in the market. Parekh says:"We would still say it is time to be cautious, time to be more diversified, time to be more asset allocated rather than chasing only one bucket."
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