Markets have moved up 3000 points in last 2 days. Is it safe to invest now? Where?

- Rina Singh | 134 days ago

Answers(2)

  • V
    Vidhi Tuteja
    134 days ago

    Hi, 

    there are 2 ways to look at it:

    • - market is up 10pc in 3 days
    • - market is still down 30 pc in last 3 weeks

    considering that this was one of the most severe corrections our market saw in its history, and that NIFTY PE has come down from 27 to 18, it makes sense to invest here. 

    it also depends on your time horizon. If you are a long term investor and looking at 5-10 year period, this 10pc wouldn’t matter. 

    my advice to invest

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