While most of us expected markets to fall further due to Geo-political concerns, rising interest rates world over and high equity valuations, Indian equity markets have actually gone up around 12% from the lows in June 2022. And it happened quite silently.
FIIs were gross sellers for a longer period and domestic investors were holding our market with great optimism. Now again FII inflows are gaining strength which indicates the positive trend.
When market falls there are chaos everywhere. That’s what the market does. It beats everyone. Let’s respect the market and definitely it will reward us for our patience.
In our previous blog we have stressed on the importance of being patient in this market and regarding the basics we should follow during volatility.
We have seen the result in the short term by following this simple strategy and we continue to believe the same in the long run.