Should You Book Partial Profit Now?

Reasons for Booking Partial Profits

The market tableau is replete with telltale signs, marked by numerous micro-cap and Small-Cap stocks that exhibit an exorbitance that seemingly outpaces their foundational underpinnings. Given this scenario, Bhavya Rathod discusses the merits and demerits of booking partial profit 
 

In its Monetary Policy Committee (MPC) meeting of the current fiscal year (FY24), the Reserve Bank of India (RBI) maintained the status quo on the repo rate, holding it steady at 6.5 per cent, alongside a series of consequential determinations. However, the central bank voiced apprehensions pertaining to the inflation landscape, triggered by the erratic monsoon patterns that have emerged in certain regions of the nation. In the aftermath of the RBI’s decisions, the benchmark indices responded with notable shifts. The central bank’s move to implement an incremental 10 per cent cash reserve ratio (CRR) on NDTL to absorb excess liquidity within the banking system – a reaction to the withdrawal of ₹ 2,000 currency notes – left discernible ripples across financial indicators.