Market crashes and Investor behavior

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Reading Time : 4 Minutes

Today’s Daily Byte

Today, the market opened about 1.5% higher, thanks to the Nikkei index jumping 11% at the start of the morning. This surge in Japan led to a rise in US futures and Gift Nifty futures, causing a significant bounce in the Nifty at the open. However, Nifty couldn’t sustain the gains and closed lower than yesterday, dashing hopes of a quick recovery. Now, we wait to see how long this consolidation will last.

Is this the beginning of a downward trend?

Reading Time : 4 Minutes

Market crashes and Investor behavior

When panic hits the market, it often spreads quickly. Japan is experiencing a significant market drop, similar to historical drops seen over the last 50 years. This time, the drop is nearing 25%, which is substantial. In comparison, India has not fallen to this extent.

Typically, such large drops consolidate most of the panic in a short period. After this initial drop, markets may remain weak or consolidate over a longer time rather than experiencing a quick recovery.. . . . .

Reading Time : 4 Minutes

Don’t lose sight of the long term path

Despite the current gloom and doom in the market, it’s important to keep an eye on the long-term projections for our economy. A chart from Value Quest, presented by Deserve, shows some promising data.

In just three years, it’s projected that India could have 30 lakh households with financial wealth greater than one crore. This is a significant number, highlighting the potential for financial growth in the country.. . . . .

Reading Time : 3 Minutes