Go with the trend; good market for traders: Atul Suri
“Very often the best part is riding the trend,” said Atul Suri, CEO at Marathon Trends-PMS in an interview with CNBC-TV18. Benchmark indices have been making new highs consistently of late, raising concerns about frothy valuations.
“Very often the best part is riding the trend,” said Atul Suri, CEO at Marathon Trends-PMS in an interview with CNBC-TV18. Benchmark indices have been making new highs consistently of late, raising concerns about frothy valuations.
“Trying to predict tops is going to be a fallacy. This is not just in India, it is global in nature,” he said.
According to him, investors are pulling money out of the dollar and investing it in other asset classes and markets.
“We are in a massive liquidity gush and there is no smartness in trying to see where this will take us,” he said.
He believes over a period of time, quality will outperform. “As our process goes, ultimately we feel that over a period of time it is going to be quality that is going to outperform,” he mentioned.
“The market is very good for traders,” Suri said.
“If you are a trader, you must be in those beaten down spaces which are pulling up not just in India, it is happening globally. However, if you are an investor, you still have to stick and hold your nerve and stay with quality because over a period of time when markets will correct, that is when quality emerges,” he said.
For entire discussion, watch video...
(Edited by : Santosh Nair)
First Published: Dec 16, 2020 1:38 PM IST
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