Vikas Khemani, Founder of Carnelian Capital Advisors on Monday warned that the risk in markets has increased and investors need to be cautious about putting in fresh capital.
“I do believe that little bit of a risk is right now there in the market. One has to be careful before committing any new capital. I am not worried about the sustainability of the recovery, of the economy over the next 3-5 years, but markets never go one way. They give you periods of corrections and consolidations,” he said in an interview to CNBC-TV18.
Khemani expects the market to correct given that earnings in Q1 could be weak. “Can you see the market correct in some time? Possibly yes because I think you have seen a sharp run, you still have Q1 earnings which are going to reasonably tapered but that is kind of expected in the market,” he reasoned.
Khemani also said that there is strong demand on the manufacturing side and the real estate sector is coming back.Watch the video for more.