Not time to add to asset allocation despite market bounceback: Anand Tandon
“This is not the time to be adding to asset allocation on a long term basis. This is a tactical play. The market was grossly oversold and therefore a rebound was due. Usually as soon as a policy statement comes through, many of the shorts get cut and therefore if the policy is not a surprise to the market, one would have a movement in the other direction. ”
