Ashwini Agarwal of Demeter Advisors warned that the Nifty 50 index might see a correction of up to 18% in the coming months.
He pointed to rising foreign investor selling, high stock valuations, and slower economic growth as key reasons for this potential decline. Agarwal also mentioned that the stock market has been showing signs of weakness due to these factors, which could lead to increased volatility. Investors should brace for short-term risks while focusing on long-term strategies to weather the potential downturn.