This is no fire sale. Don’t rush into markets, wait for stronger signals: Deepak Shenoy – Deepak Shenoy shares his market strategy

Indian markets had shown some signs of recovery in the last week, however, remain volatile due to ongoing global and domestic uncertainties, making it crucial for investors to exercise patience. In an interaction with ETNow, advised against rushing into investments and suggested that investors should wait for stronger market signals before deploying capital.

Instead of buying broadly, he recommended a selective approach, focusing on sectoral opportunities that could offer better returns. He believes ‘this is no time to sell your house and buy stocks, which is what a fire sale would be’, instead urging investors to remain selective and wait for clearer recovery signals before making aggressive investments. Here are excerpts from his chat with ETNow: