Is Present Correction in Market Short lived? | Indian Stocks to Make You a Millionaire
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Is Present Correction in Market Short lived?

Posted By On 5:06 PM Under

Yes, the present correction in market is short lived if we consider the statement of The man Mark Mobius who was bullish on Indian markets when few others were at the end of last year - Ma; who is bullish on India and believes that there are no real reasons to fear the recent correction.

This statement comes as per an interview he has given to a leading business channel, Mobius has said that this is just a ‘usual’ correction and investor should not be alarmed by it.

Mobius has however indicated that he wouldn’t be surprised to see a 20% correction in stock prices. As he has said, "That is not something we should be alarmed about. We are definitely in a secular bull market as long as the money supply continues to grow."

Mobius has also said that he is optimistic on the emerging market category in general and believes that stocks here may reach their all-time highs going forward because of an increase in projected earnings. His advice? "It is important for people to be invested and not to hold too much cash at this stage of the game." We could not agree with him more.

Thus taking cue from his statement, one can take the decision to enter in the stock market and can make sure shot money by subscribing for our Jackpot tips which make money every day.

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