The next few days , we may see some profit taking in the Asian equity markets . With the Fed lead uncertainty increasing the VIX ( volatility index ) has gone up during Friday .
This indicates market expectation of higher volatility ( read higher risk ) for the next few days .
Indian markets are set to correct in line with the global markets.
However these corrections does not change the long term direction of the market . It only provides some churning of equities .
Investors should use any deep correction for building up their portfolio.
Panic is equally bad for driving and stock market investments .