Diwali has never been this bad for Nifty bulls in last 10 years. Time to buy the fear?
- Posted on October 25, 2024
- By Business News Today
- 2 Views
Diwali has never been this bad for Nifty bulls in last 10 years. Time to buy the fear?
Nifty has suffered its worst pre-Diwali phase in a decade, falling nearly 6% in a month. Analysts attribute this decline to weak earnings growth and FII outflows. Despite the current downturn, long-term investors see this as an entry point, expecting a recovery by year's end.
