What are you guys attributing this to? Decline over 5 days, feels like the 'Turn of Tide'.
the correction was overdue. I see prices of everything going up in my neighborhood. But the government claims inflation is coming down. Many people i know has either lost his job or got very poor bonus. China is imploding. Japan is doomed. EU/US are staring at stagflation. Is india that awesome that it warrant such high valuation? I assume the market was held up due to Gujarat phase of election. That complete, the market started to correct.
The share prices do not reflect the reality. It should come down at least another 20%.
High inflation tends to reflect as a plus for stock market because on a high level, nifty 50 % return = GDP growth rate % + inflation %. So, the point about inflation doesn't make sense. Rest of the points are fair.
Low voter turnout is giving jitters
Don't waste time thinking about why it is falling. It's the nature of the stock market to rise some and fall some (reason changes every time). If you are doing SIP, continue. If you have lump sum money, invest part of it as soon as it falls 5-10% from the top. And remaining if it falls further. Keep it simple 😀😀. I do SIP so I don't have anything to invest in a lump sum.
Not even 4% and people thinking of doomsday 🤣🤣🤣🤣🤣
I am buying :)
