As we can see in the monthly charts of Nifty 50, the overall market is consolidating in a range of 15000-19000 and I think it will continue to do so for some time.
Previously valuations have fallen to their lows and currently, we can say that the market is fairly valued. From hereon we can see the valuations consolidating for some time which will also reflect in the prices before they break out for another adventure.
Large-cap stocks are not severely hit by these market movements yet compared to stocks in small, micro & nano-cap categories.
Overall, valuations have increased slightly and banks rules, regulations and frameworks for providing easy loans to medium and large enterprises are also getting strict with the decrease in market momentum & strength.
Seeing this, it’s very healthy for the markets to rest for a bit from the long-term perspective and growth.
Previously valuations have fallen to their lows and currently, we can say that the market is fairly valued. From hereon we can see the valuations consolidating for some time which will also reflect in the prices before they break out for another adventure.
Large-cap stocks are not severely hit by these market movements yet compared to stocks in small, micro & nano-cap categories.
Overall, valuations have increased slightly and banks rules, regulations and frameworks for providing easy loans to medium and large enterprises are also getting strict with the decrease in market momentum & strength.
Seeing this, it’s very healthy for the markets to rest for a bit from the long-term perspective and growth.