The Nifty is at all time high while Sensex conquers 37000. Great news yes but your portfolios hasn't moved. Why??
The move in the indices are restricted to a few stocks. Also, while the Sensex is up over 9% this year, the mid-cap and small-cap indices are down 12% and 15%, respectively.
The USA has FAANG and we have HRITHIK. HRITHIK, as the buzz goes, stands for HDFC, RIL, Infosys, TCS, HUL IndusInd and Kotak Mahindra Bank.
Investing for long term includes volatility and such moves are great opportunities for investors. If you are fully invested, stay put. If you have additional funds, talk to your advisor.