Expect a time-wise, as well as price correction: Jyotivardhan Jaipuria

The founder & managing director of Valentis Advisors says the firm expect a time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months

The recent below-par debut of issues at the bourses after they hit the primary market has left investors worried. JYOTIVARDHAN JAIPURIA, founder & managing director, Valentis Advisors, tells Puneet Wadhwa in an interview that this may disturb retail sentiment and have a cascading impact on the secondary markets, too. Edited excerpts:
 
What’s your view on the outcome of the Fed’s Jackson Hole meeting?
 
The Fed chairman has indicated that tapering is likely to start by the end of the year, and this may induce a long- awaited correction in the markets. That said, India is in a better