'Next trigger for market has to be related to economy opening up'

Arora believes the next few triggers for the markets have to be related to opening up the economy and the strength or otherwise of the underlying recovery

Singapore-based SAMIR ARORA, founder and fund manager, Helios Capital in conversation with Puneet Wadhwa shares his views on the pace of recovery in the markets since March 2020 low and his sector preferences amid the Covid-19 pandemic. Momentum investing, he says, is strictly for technical traders and perhaps retail investors, who cannot control themselves. Edited excerpts:

What are the next set of triggers for the markets?

Pace of recovery in markets worldwide has been unprecedented and no one could have anticipated the extent. It has generally been said that investors should not time markets and stay invested, but still this