Due to a lot of reasons
📌 Russia Ukraine war
📌 Rising Oil prices
📌 High inflation
📌 Higher interest rates
📌 And now again COVID cases started increasing
✓ Apart from the above reasons there are other global banking issues such as
Recent failure of large banks like SVB, First Republic bank and Credit suisse bank which is creating fear in the Indian stock market.
So what can we do now?
📌 If we see the overall market view, Our Indian stock market hasn't given any return in the last 2 years.
Is it going to be like this forever?
📌 The well known answer is "No"
📌 Because this is not the first time our Market is experiencing the problem and moreover we even managed the worst case scenario like the COVID issue, where our economy is stopped.
📌 Sooner or later our Stock Market is going to recover but when we don't know, Well nobody knows that.
📌 The only thing we can do is keep on investing via SIP, so that once the market starts moving higher, it may Sky rocket within a few days, so we couldn't catch it at that time.
📌 I am doing SIP on IT Bees as it is undervalued now as per my understanding.
And once America recovers from the banking and inflation issues, our Indian IT companies will start performing better.
" Fearful when others are greedy, and greedy when others are fearful "
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