The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
It is the fundamentals of companies that will drive stock performance.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
For equity investors, the risk-to-reward ratio is worsening.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.