Author asks how others are positioning in Indian markets after the January correction.
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Indian markets have seen a sharp correction this January, with Nifty slipping from recent highs and testing important support zones, while sentiment is weak due to global cues, FII outflows and rupee weakness. Personally, I am trying to focus more on risk management and asset allocation instead of chasing short-term moves, but I am unsure how to think about fresh entries when volatility is high.