Indian rupee coins are displayed for a photograph in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg News)
In the face of uncertainties like the U.S. election results, India-China border tensions and the progressing Covid-19 pandemic, smaller investors are likely to be better off by booking whatever gains they have made over the last few months.That’s according to Devina Mehra, director and chief investment strategist at First Global. She advises investors to be cautious in both Indian and U.S. markets.