How new investors can navigate share market corrections?4 min read 01 Jun 2023, 12:07 PM IST
The prospect of investing in the stock market can hold great promise for those seeking financial growth and security over time.
The prospect of investing in the stock market can hold great promise for those seeking financial growth and security over time. With India's growing economy presenting new opportunities every day, many savvy investors are looking to capitalize on this trend by adding equities to their portfolios. However, it is important that they don't overlook one key aspect- managing through inevitable market corrections that occur during an upward trend in pricing. A correction refers to when stocks sharply drop by at least 10%, which could cause new investors facing this situation challenges if they're unfamiliar with how up-and-down markets work. The causes for these dips differ but often include variations tied with economic indicators and global tension between countries. To help better navigate these times as an investor here are some tips detailed below which are suggested by Sooraj Singh Gurjar Founder and Managing Director, Get Together Finance (GTF).
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