Currently a big correction is going on in the stock market. A big decline is being seen in many stocks, while some stocks have also adopted a positive trend. In such a situation, this time is very important for investors. According to the present times, there is a lot of confusion in the minds of retail investors especially during the time of correction. Investors are trying to understand that if a situation like turmoil arises in the market then what kind of strategy would be right for investment? What should be done, what should be avoided. Many such questions arise. Experts have given some special advice for retail investors regarding market correction, let us understand here.
What should retail investors do?
Financial analyst and well-known market expert Kunal Saraogi says that there was already a sign of this correction coming in the market. This had to happen. Therefore, there is no need to be negative about this. He said that the market will remain bullish. He said that he is positive about Nifty going forward. On the question of what retail investors should do at this time, he said that investors should wait for some more correction and then start buying. Saraogi says that many other sectors including metal and pharma may perform better in the coming days.
How will the market react next?
Market expert Kunal says that in the coming days, the stock market will be affected by geopolitical tensions, the results of the presidential elections in America and the results of the assembly elections in the country. Although he says that the impact of the Israel-Hezbollah war can be seen on the market in the short term, but this war or tension will not have any impact in the long term. At present, due to geopolitical tension, there is a rise in the prices of gold. The US dollar is also showing strength.
stock market earthquake
There is a strong decline in the Indian stock market on Monday. At 1:29 pm, Sensex was down 1279.29 points and was trading at the level of 84314.25, while Nifty 50 was also down by 372 points and was trading at the level of 25806.95. Earlier, due to today’s fall in the stock market, investors have lost more than Rs 3 lakh crore. At 12:10 pm, the market capitalization of all the companies listed on BSE declined by Rs 3.50 lakh crore to Rs 475.60 lakh crore. Similarly, as on September 27, the market capitalization of all the companies listed on BSE was Rs 479.10 lakh crore.