“List four-five sectors and 10-12 stocks and start deploying whenever you see this type of correction setting in the markets.”

‘The government is following a multitude of policy approaches. Naturally economies take time to react as there is a lag effect.’

Analysts said there is a risk-on sentiment globally, which has strengthened many EM currencies.

European Central Bank President Mario Draghi set no date for changes to the bond-buying plan.

P Chidambaram had said recently that the government will make all efforts to contain fiscal deficit at 4.8 per cent, and CAD at 3.7 per cen...

"If this money does hit the investment in terms of equities, then obviously we could see a very good rally in markets such as India."