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Buying luxury cars, luxury real estate and luxury accessories in 2024 may not have been possible for majority of Indians.
But when it came to buying stocks trading at steep P/E multiples or ones offered at steep valuations during IPOs, Indian investors did not hesitate.
Also, quick gains on even the riskiest segments of stocks further encouraged investors to speculate on them.
Newbie investors who entered the stock markets after market crash of 2020 have yet to see a prolonged phase of market correction. So very modest attempts at stock selection have yielded superb returns over past four years.
But at the cost of being a spoilsport, I must warn you that the party is about to end soon.
How should you manoeuvre the market turmoil? Find out in this video…
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