We have seen the pre COVID era when market was moving at a regular pace. MIDCAP was recovering after the fall of 2017. But suddenly as the dawn of 2020 we witnessed a huge crash.
As the crash was so sudden that is why most of the investors got panicked and we have seen a devastating sell-off. Though the fall was gigantic but the recovery was even bigger. In just a period of six months we not only recovered but also saw an unusual breakout is almost every stock.
Market continued to make new highs with very small corrections.
But suddenly after mid of October 2021 the correction tends to get deeper and deeper. Huge sell offs by the FIIs have made the retail investors anxious.
But this is not new. FIIs were already complaining about the high market prices of most of the stocks. Many of us would blame the WAR, elections and FED Rate hikes. But the matter of fact is that we were already witnessing this sell of since six months. And unsustainability from the highs even after the Indian Budget'22 just confirmed the forthcoming fall.
I do believe the correction was significant which was also a buy opportunity for long term investors. Maybe we are heading towards recovery as many of the stocks of Indian market have almost tested their levels of January/October 2020
As the crash was so sudden that is why most of the investors got panicked and we have seen a devastating sell-off. Though the fall was gigantic but the recovery was even bigger. In just a period of six months we not only recovered but also saw an unusual breakout is almost every stock.
Market continued to make new highs with very small corrections.
But suddenly after mid of October 2021 the correction tends to get deeper and deeper. Huge sell offs by the FIIs have made the retail investors anxious.
But this is not new. FIIs were already complaining about the high market prices of most of the stocks. Many of us would blame the WAR, elections and FED Rate hikes. But the matter of fact is that we were already witnessing this sell of since six months. And unsustainability from the highs even after the Indian Budget'22 just confirmed the forthcoming fall.
I do believe the correction was significant which was also a buy opportunity for long term investors. Maybe we are heading towards recovery as many of the stocks of Indian market have almost tested their levels of January/October 2020