Many are wondering what is triggering market correction specially when we are still fastest growing and having big deal with EU?
Here is this detached outlook, I am not in market,not willing to.
Market don't understand any of this news and not reacting on it. Because all are speculations, if something materialize it will give knee jerk reaction. But ofcourse FIIs are selling due ot unpredictability. India growth is expected to be robust. But market is overstretched and it may not resume journey unless global outlook becomes positive.
Anyone entering or remaining in stock market need to have atleast 4 years vision because till US government election this may continue.
If you ask experts they say to put money in safe option at high uncertainty and put money back on high risk, high reward like stock, realestate when things stabilize. I don't fully agree but they may be coming from protect your wealth first mindset.
Yes, there can be bounce like EU trade deal, US tarrif deal or BJP winning Bengal election. But will it be exit opportunity or entry opportunity? That let expert share. But for sure, stock market became highly risky now.