Sensex at 35,000: Existing investors should take some profit off the table

Book profits, wait for opportunities and, in general, have fun while the going is good

The BSE Sensitive index, or Sensex, has hit a purple patch. With the market breaching new highs, at over 35,000 points currently, stock market investors have seldom had it so good. But, when the going is so good, it is also the time to be more diligent. Most investment experts, therefore, are striking a cautious note. 

Existing investors should take some profit off the table: This is the first advice of investment experts. “At these market levels, for investors who have made some profits (0-50 per cent), it is recommended that they hold on to portfolio positions and stay invested. Incremental