Current market rally to peak off soon: Experts

Speaking on the current rally, S Naganath, President and CIO, DSP BlackRock Investment Managers, said the road ahead will be a little more bumpy and in that regard, therefore, this rally probably will be peaking out right now. He, however, added that maybe a mild correction will be back up.

Agreeing with Naganath, Vetri Subramaniam, Head of Equity Funds at Religare Mutual Fund, said looking at the markets already rallying about 35%, "one is somewhere in that territory where one should be looking for it to top out rather than to keep extending." He said, "I would tend to fall in the camp which says we are pretty close to some sort of a peaking pattern over here," he said.