Akash Prakash: A week in India

Markets could easily correct in the coming months or days. We seem to be stuck in a trading range, breaking out of which will be difficult. There is no need to chase markets.

However, whenever markets correct, it is, to my mind, a buying opportunity. The long-term direction is clear - economic growth will continue to accelerate, earnings improve, and inflation and rates remain subdued.

Keep an eye on the long term; markets will keep correcting and throwing up opportunities.

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