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Should I sell now as the markets are high? | Take Stock
Mar 2020!! The World is grappling with Covid and India also announces a lockdown. The market starts tanking; Sensex goes from its peak of 41k in Feb to 27k by Mar end i.e. a downfall of more than 30% within 30 days. But surprisingly, it recovered sharply within the next 4-5 months and reached around 37-38k in Aug’20. Now logically speaking, this shouldn’t have happened and it looked like a bubble. Because the economic activities were at rock bottom, covid cases were rising in India and globally, and the entire world was under distress. This is where many investors thought that let’s sell our stocks & MFs and we will enter again when the market falls in the next few weeks. Logically, their plan was good. But we all know what happened over the next few months. In this video, our Stock expert, Anupam Roongta helps us understand whether it makes any sense to time the market. DISCLOSURES Anupam Roongta or his associates or dependent family members do not hold any financial interests or actual/ beneficiary ownership in the financial products/ securities discussed herein. Anupam Roongta is a SEBI Registered Research Analyst (INH200006804). #sensex #stockmarket #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze
7 Dec 2022Sensex snaps 4-day losing streak, Bharti Airtel surges 11%
Among top Sensex gainers, Bharti Airtel surged 11%, Asian Paints rose 4.5% while HUL rose 2%.
1 min read24 Oct 2018Sensex ends at 6-month low, Asian Paints shares fall 5%
Sensex and Nifty were under pressure today with Asian Paints share prices slumping 5%
2 min read23 Oct 2018Sensex falls for third day, RIL shares decline 3.5%
BSE Sensex closed down 0.53% at 34,134.38, the broader NSE Nifty ended 0.57% lower at 10,245.25
2 min read22 Oct 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared