MARKETS IN SAMVAT 2081: RISE AND RISE OR CRASH OF LIFETIME?
Ahmedabad Mirror|November 02, 2024
Equity markets are precariously placed indicating correction in the short term; ceasefire in ME or Russia-Ukraine war can boost markets to new highs post Nov 5 US polls
Chaitanya Shukla
MARKETS IN SAMVAT 2081: RISE AND RISE OR CRASH OF LIFETIME?

It is for the first time in a year that Nifty has formed a lower high and lower low on a monthly basis, indicating turbulence ahead. The effect of FPIs withdrawing money from India has had its effect with Nifty correcting 7.93% from the top it made on September 27.

The talking heads on business news channels remain "cautiously bullish" as every dip in the market is bought and markets fly again after every correction.

So, the billion-dollar question is what should retail investors and traders do? The entire narrative can be broken down in three steps:

It's US and talks of cease-fire in short term

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