BSE Sensex and NSE Nifty 50 have a 5 per cent potential upside on cards, but then may correct by as much as 15% in the next few months, investment advisor Sandip Sabharwal said. On Friday, S&P BSE Sensex was ruling nearly one per cent up at 59,322, while NSE Nifty was trading firm at 17,685.85. In an interview with Surbhi Jain of FinancialExpress.com, Sandip Sabharwal said that technical indicators show relatively overbought conditions in NSE Nifty 50 and Bank Nifty. For a long-term investment horizon, Sabharwal suggested adding ICICI Bank stock. He also suggested investors to focus on larger …
