Samir Arora of Helios Capital sees the Budget as the next big trigger for the market, though it is likely to be an incremental one instead of 'big bang.' It could disappoint the market, but will be a positive for the economy as a whole, he said.
The market could rise another 3-4 percent in the run up to the Union Budget, feels Samir Arora of Helios Capital. In an interview to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, Arora said the pace of the rally was unnerving, but India was clearly in a bull market.
He sees the Budget as the next big trigger for the market, though it is likely to be an incremental one instead of 'big bang.' It could disappoint the market, but will be a positive for the economy as a whole, he said.
He expects a big sell-off in some stocks after the Budget, but said it would be a good opportunity to enter the market as there will be plenty of opportunities.
His fund is 98 percent invested right now, against its historical average of 60-70 percent.
As for retail investors, the best way to enter the market would be to gradually buy mutual funds .
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