Positive impactResults
Nifty correction a buying opportunity, but keep 10-15% cash: Sonam Srivastava
Economic Times 1 hr ago·29 Jul 2026, 2:41 am
The recent market correction has triggered a debate on whether to buy or stay on the sidelines. Market veteran Sonam Srivastava suggests that this dip is a genuine chance to accumulate quality stocks, provided investors maintain a defensive stance. She advises keeping 10-15% of capital in cash to manage volatility and avoid panic selling during downturns.
Srivastava highlights banking as a key sector to watch, citing attractive valuations, strong credit growth, and low non-performing assets (NPAs). She also points to value in healthcare and capital goods, where robust order books and earnings that are not tied to crude oil prices offer a safer bet. Her view is that patience will be rewarded once global uncertainties, particularly oil prices, stabilize.
For retail investors, the focus should be on quality stocks rather than timing the market. Building a diversified portfolio with a mix of defensive and cyclical sectors can help navigate the current volatility. Keeping a cash buffer ensures you have the flexibility to pick up stocks at attractive prices when the market stabilizes.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
