
Naren’s formula to predict end of current bull run and to shift funds
NEW DELHI: Despite intermittent hiccups, the domestic stock market seems to be in a secular rally, rising to record highs almost every single day. But, as with all good things, these good times will not last, and knowing when the end comes can help one avoid big losses. Predicting that moment is a risky game, but one seasoned fund manager seems to have some insight on it. He believes all one needs to do is keep track of how inflation behaves in the US. “When inflation returns in the US, that is when the bull market can end. You have to be watchful of inflation in the west. Right now they do not seem to be bothered at all, but that will be very important sometime in the future,” says S Naren, Chief Investment Officer at ICICI Prudential Mutual Fund. Trying to second-guess which sector can o...