ETMarkets Smart Talk: Market may be near record high but risk-reward not very high: Siddarth Bhamre
"In the recent past, we have seen that despite markets about to scale new highs, it has been more of a stock-specific market and within sector, there has been rotation in stocks that are contributing to the rally. We dont see a major change in the scenario. Also, during consolidation or slight correction periods, large-cap defensive space is a better strategy to adopt."