Sensex hits 30,000: Should you book profits, hold or enter now?

Mid- and small-caps have turned expensive. Further investments should be staggered

It was Wonderful Wednesday for stock market investors. With the BSE Sensitive Index, or Sensex, closing at 30,133 points  — the highest ever, many would be sitting on neat profits. But there would also be multiple questions for investors  — should I book profits, should I continue or should I enter now? 

The first thing to remember is that trying to predict stock market movements is not the smartest thing that any investor should be doing at this point in time. There is always euphoria when a milestone, such as 30,000 points, is reached. And if you are not a