Rally has just warmed up, says market veteran Shankar Sharma
In an exclusive interview with Money9. Sharma said those who have not participated in the rally yet, should not feel despondent and they have 'missed nothing'.
Ace investor Shankar Sharma believes the rally in markets has just warmed up and one can accumulate stocks even now as the time is right.
In an exclusive interview with Money9, Sharma said those who have not participated in the rally yet, should not feel despondent and they have ‘missed nothing’.
He believes Indian markets which gave returns of around 12% in 2020 still have a whole lot of upside as many developed and even emerging markets have given even bigger returns of up to 80% in the same year.
“In 2021, India is among the top 10 markets in the world with respect to year to date (YTD) returns. The overall interest in emerging markets has led to money flowing into Indian markets “, said Sharma, co-founder & VC, First Global.
“Things have turned better and conducive for the markets now when the Sensex has touched 50,000 than they were when Sensex was at 30,000”, he added.
Watch the entire interview here:
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