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Below views on Sensex-70K by Nitin Rao CEO InCred Wealth - Managing 18,500 crores of AUM

While the Sensex reaching 70,000 is a significant milestone, it's important to remember that investing is a long-term journey. Current valuations are reasonable, supported by strong economic fundamentals and a positive market sentiment. This suggests that markets are likely to continue trending upward alongside economic growth.

Ignoring asset allocation reviews: Regularly review and rebalance your portfolio to maintain your target asset allocation. Continue your SIPs through market fluctuations for long-term wealth creation.

Resist chasing short-term gains and avoid investing based on emotions. Resist the urge to make impulsive decisions based on market noise. Stick to your investment plan and avoid making emotional trades. Don't be lured by stocks with attractive prices but lack underlying strength. Always prioritize companies with strong financials and long-term prospects.

Consider increasing your equity allocation slightly to capitalize on the current market momentum, particularly in the lead-up to elections. Average out investments: Use market dips to invest additional funds and build your portfolio at lower prices. Remember, even in a bull market, unexpected events and systemic risks can lead to significant downturns. Maintain a diversified portfolio and ensure proper debt allocation to mitigate potential losses. Don't abandon your long-term asset allocation strategy in pursuit of short-term gains. 

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