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Is It 2013 All Over Again?
Feb 7, 2019

The current scenario in the Indian stock market looks very similar to 2013.

Back then, mid and small cap stocks witnessed a similar correction while the Sensex stayed put.

2018-19 has also followed a similar pattern.

Long term-capital gains tax was introduced in last year's budget. We've seen corporate governance issuesleading to auditor exits and finally the IL&FS impact..

Also, with elections around the corner, the volatility will probably get worse.

If you're looking at stocks from a short-term perspective, there is a good chance this volatile market will hurt you.

But if you're picking stocks, thinking long-term, the potential for India is huge.

The investor who catches these trends early, will create life-changing wealth for himself.

Data Source: BSE India

This Chart Of The Day was published in The 5 Minute WrapUp - How I Expect This Two-Faced Stock Market to Move Now

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