stock market The decline continues. Investors have lost lakhs of crores due to the huge fall in the market. Investors are not able to understand when this decline will stop. The biggest reason for the decline in the market is the heavy selling by foreign investors. However, in the meantime a good news has come. Veteran market expert and founder of Motilal Oswal Financial Services Limited said in a TV program on Thursday that the Indian market is declining. No one can deny this but he said that this is a temporary phenomenon and Nifty will again reach the record high of 30,000.
Foreign investors will come back again
Ramdev Aggarwal said that India’s strong economic fundamentals and growth potential will attract FIIs to invest money in the Indian market again. Agarwal commented, “Once they exit India, the re-entry price will be very high, and perhaps when they come back, the Nifty index will reach 30,000.” Let us tell you that Foreign Institutional Investors (FIIs) have been selling in India for the last 6-7 weeks. There are many reasons for this, such as the trend towards China, American markets looking attractive after Donald Trump’s big election victory, Trump’s favorable comments giving a boost to cryptocurrencies and earnings in India not reaching valuations.
Advice to investors to stay invested
Aggarwal advised Indian investors to remain fully invested rather than trying to time market cycles, especially given India’s high compounding potential. Drawing on his 45 years of market experience, the veteran investor stressed that investors who maintain a long-term perspective and tolerate short-term market volatility stand to gain significantly.
