Neha Nagar Instagram – Hey Fin-woman, why did the stock market fall so much today?
There are 3 main reasons why the stock market fell:
1.Sebi Chairman Madhabi Puri warned yesterday that midcap and smallcap stocks are overvalued and in a bubble, after which ICICI mutual fund stopped lump sum investment in its smallcap and midcap funds.
That’s why both indexes are down 5% today and our portfolio is even more !!
2.US inflation increased significantly in February and inflation in India is also showing no signs of pause, so investors are worried that the US and Indian governments may raise interest rates instead of lowering them.
3.March is ending and the financial year is about to end, so big investors are selling their profitable and loss-making stocks together at this time, so that their profits and taxes are reduced.
So are you in favour of selling or buying stocks right now, tell me in the comments. | Posted on 14/Mar/2024 12:54:52
