According to Khurana, the market is in a “trapped” phase—neither fully bullish nor bearish. Global risks limit optimism, while strong domestic inflows prevent a major correction. In such an environment, it makes sense to build portfolios with a mix of defensive plays, dividend payers, and strong domestic stories. This approach provides a balance between income stability and selective growth opportunities.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)