A big correction is currently going on in the stock market. Many stocks are seeing a big decline, while some stocks have also adopted a positive trend. In such a situation, this time is very important for investors. According to the current time, at the time of correction, there is a lot of confusion in the minds of retail investors. Investors try to understand what kind of strategy would be right for investment if a situation like turmoil arises in the market. What should be done, and what should be avoided? Many such questions arise. Experts have given some special advice for retail investors regarding market correction, let us understand it here.
What should retail investors do?
Financial analyst and well-known market expert Kunal Sarawagi says that this correction in the market was already expected. This was bound to happen. So there is no need to be negative about it. He said that the market will remain bullish. He said that he is positive about Nifty for the future. On the question of what retail investors should do right now, he said that investors should wait for a little more correction and then start buying. Sarawagi says that many other sectors including metal and pharma can 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 US presidential election, and the results of the assembly elections in the country. However, he says that the effect of the Israel-Hezbollah war can be seen on the market in the short term, but this war or tension will not have any effect in the long term. Currently, due to geopolitical tensions, there is a surge in gold prices. The US dollar is also showing strength.
stock market turmoil
The Indian stock market is witnessing a sharp decline on Monday. At 1:29 pm, the Sensex was trading at 84314.25, down 1279.29 points, while the Nifty 50 was also trading at 25806.95, down 372 points. Earlier, due to the fall in the stock market today, investors have lost more than Rs 3 lakh crore. At 12:10 pm, the market capitalization of all companies listed on the BSE fell by Rs 3.50 lakh crore to Rs 475.60 lakh crore. Similarly, on September 27, the market capitalization of all companies listed on the BSE was Rs 479.10 lakh crore.