Sell-off may continue to reflect 1-year forward PE of 13X: Manishi Raychaudhri

Manishi Raychaudhri, strategist and head of research, BNP Paribas Securities, says that the path of least resistance for the market right now is down. He expects the benchmark indices to continue to slide for some more time. He says one can position oneself in stocks both on the long and short sides.

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