This chart shows claim settlement ratio of life insurance companies... Read On
The coronavirus impact has shaken markets worldwide. Indian stock markets have felt the full impact too.
For the BSE Sensex, FY20 was the second worst year post FY2008, the year of the global financial crisis.
Naturally, there is an atmosphere of fear all round.
Is it time to sell stocks now? Will the correction get worse?
History has shown that after years like the one we had just now, the next 3 years are good for the markets.
In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.
If you can find good businesses that can survive the current crisis, you will do well in the long run.
Data source: BSE India
*Absolute returns
This Chart Of The Day was published in The 5 Minute WrapUp - A Safe Stock to Lockdown Now
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NY
May 22, 2020It's same old feeling, this time it is different!!