ETMarkets Smart Talk | Allocate 10-15% to gold & silver; Nifty can head to 20,100 in 2023: Dr Mohit Batra
Founder and CEO of MarketsMojo, Dr. Mohit Batra, advises investors to not evaluate their investments on a year-to-year basis and instead use a time frame of 3 to 5 years. Batra believes that the Indian equity market will provide returns in the teens in 2023, with a Nifty target of 20,100. As for the crisis in Go First, Batra anticipates that the pent-up demand in the aviation sector will begin to cool off in the next three to six months. Batra suggests that investors should allocate 10 to 15% of their net worth in gold and silver.