Stock market is due for correction. There is no 2 ways about it. When will this happen? I can’t hazard a guess. Even if it happens, use the correction as a buying opportunity. Bulk up your portfolio when it happens as the long term bull view of the market is very much in tact.
Corrections will come and go. Even with a potential pullback in stocks, the market is set up to hit new highs. Earnings and revenues are going to take the next level of the market to new highs. Market isn’t overvalued at current levels.
With EPF stepping in the downside of NIFTY is protected. We only have to play on the upside.
In my view BANKBESS is the instrument to invest. Government has made its position clear. They are going to recapitalize all PSU banks.