Why is it important to invest NOW @ 16600 levels?
Because next stoppage could be 17500 or New All Time High….if we are able to cross 16800 – 17000 levels in next 10 – 15 days
Why So ?
Crude is cooling off… Brent down from 130 to 104 $ per barrel
US Bond yields have come down from 3.5% to 2.8%
Inflation data that is coming now, is of last few months, which will cool off in future.
Most Important ** Markets are always forward looking ! Returns in markets are made when pessimism, negativity is at peak. When everything is good…markets will be in range and returns won’t be that high.
There will be rate hikes in US by 75 basis points and in India by 0.5% to 0.75% this month by RBI. It is already factored in prices of stocks.
Political Stability - India is due for General Elections in 2024 and as we speak seems the ruling party is expected to come to power , which the markets have not started to factor in till now.
Before the Euphoria starts building up, Time is NOW to invest your money in equity markets, as we have seen time and price correction both.
Remember - Add more Units/ Stocks when markets are down and rebalance your portfolio when markets are high, as we have been doing for our Investors.
Disclaimer - Mutual Fund Investments are subject to market risks. These are my personal views and I can go wrong. Pl do due diligence before investing.