Follow 'wait-and-watch' strategy before investing: Experts
By Bianca Ghose | Published On: September 20, 2012 11:00 (IST) | Duration: 21 min, 33 sec
Market experts say the current global and domestic uncertainties necessitate adopting a "Wait & Watch" strategy. V Sundar Raja, Technical Analyst / Columnist , www.sundartrends.in and A.K.Prabhakar ,Senior Vice President- Equity Research, Anand Rathi suggest that from a trading perspective, short term buys are available in this market, albeit one must move with caution. "From an investment perspective, it is best to watch the economic and political developments over the coming month and then stay in cash right now," they add.