The market is not actually overvalued but yes it is on the higher side. Usually market has a tendency to correct after tasting highs but considering the Government’s push in order to improve the pace of the economy’s development, it doesn't look like there will be a sharp correction. Significant profit booking could be possible in near term but this could be the most awaited correction and one of the best buying opportunities, both for short-term as well as long-term investors. As of now, investors are a little cautious, especially retail investors. But what about big players and the real market makers? They are investing in this market even though people are expecting some correction in the market in near term. This is the time to start investing in parts as corrections should be welcomed to enter the market. Like the greatest Guru Investor Warren Buffett says - “Be fearful when the market is greedy and be greedy when the market is fearful”.
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Here we discuss about stocks and we should buy them or not.
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