Equity to remain under pressure in medium term; buy on dips: Mitul Shah of Reliance Securities
Updated: 24 May 2022, 11:23 AM IST
TL;DR.
- We expect pressure on equity to continue over the medium term due to numerous global factors, therefore holding cash would provide a better opportunity for re-entry in the coming months, said Shah.
“Equity would not give desired returns due to global parameters despite healthy domestic fundamentals,” sid Shah.