Synopsis
A little over a year ago, the Nifty was at an all-time high. Then came a year-long correction. And now the Nifty is again touching new highs. So are things exactly as they were a year ago? No. Some things that are common, but there are also key differences. What is common is that valuations remain high in large swathes of the market. The difference is that, a year back, it was an across-the-board rally. Today, the street is in a stock-specific mode, rewarding companies that are showing growth and earnings, and punishing those that don’t. So, as an investor, you need to be more cautious and selective today than you were a year ago.
The bulls are clearly back in play. The GST rate rationalisation, the reforms in banking and, now, the rate cut by the RBI, as well as the confidence it has displayed in the economy… all of this will only help the bulls.So it makes sense for you to be bullish, no doubt. The RBI’s pronouncements this past week suggest that the India growth story is intact and betting on it can only pay off in the long term. Remember, however, that the mood was
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
What’s Included with
ETPrime Membership
1Invest Wisely With Smart Market Tools & Investment Ideas
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
Buy low & sell high with access to Stock Score, Upside potential & more.
BigBull Portfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company’s fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
2Stay informed anytime, anywhere with ET ePaper
ePaper – Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper – Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
3Exclusive Insights That Matter
4Times Of India Subscription (1 Year)
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
New York Times Exclusives
Stay globally informed with exclusive story from New York Times.
5Enjoy Complimentary Subscriptions From Top Brands
TimesPrime Subscription
Access 20+ premium subscriptions like Spotify, Uber One & more.
Docubay Subscription
Stream new documentaries from all across the world every day.

Leave a Reply