.jpeg)
Investment-savings: NSE-BSE have fallen by 14%; opportunity to return to the market, good shares at cheap prices
Investment-savings: The one-sided sell-off in the domestic stock markets since October last year has completely broken the investors. Even after some major factors like budget and repo rate cuts, there has been no improvement in the market movement. But, now is the opportunity to return to the market and also the time to slowly assess the purchases.
The decline in the Indian stock markets as well as the international markets, which started in the third quarter of last year, has forced retail investors to offload stocks at a loss. The situation is that currently, the portfolio of the majority of the investors has fallen into loss, which was in good profit before October. The market was at its peak at that time and investors were assuming that this momentum would continue. But, as cricket is a game of uncertainties, in the same way, the market never moves in a straight line. So, getting out of the market at an average profit, and looking at the opportunities, becomes the right move.
Both the major indices of the Indian market, NSE and BSE, have fallen by about 14 percent from their peak in September last year. During this period, even big and good stocks were badly beaten. In such a situation, analysts advise that the market has reached a level from where some buying can be done because good stocks are now available at cheaper prices. The condition of some stocks is such that they have fallen by 50 percent from their peak. However, if the companies are better, they will definitely come back later.
Last week, 400 small-caps have given a loss of up to 53 percent. In the boom of the market, small-caps and midcaps had made investors rich. Now they are the ones who are reducing the most capital. Major stocks in this include Suratwala Business, Best Agrolife, D Development, and PTC Industries.
