Investors quit stock market in last six months. Due to covid 19 pandemic many people attracted to stock market and earned quick money from market.
Nse data shows 38 lakhs clients quit stock market in last few months. Ashish Bahety share on twitter. Ashish Bahety is a professional CA, CS and LLB. He have years of experience in stock market.
Ashish Bahety share in tweet “As per NSE data 38 Lakhs peoples exit stock market in last 6 months. Abhi toh aur wickets girega. The lockdown traders must have seen the reality of stock market.
Due to Covid many people buy shares that already down 40 to 59 percent and get quick returns in short period of span. They enter in bull market and not see bear side of stock market.
From last one and half year stock market not perform very well due to Russia Ukraine war, High Inflation and Recession. Indian market from last September was in bear market.
Those who invest into corona times first time see bear side of market and loss patience and sell stocks in losses.
Financial Tool :- Share Average Calculator
Zerodha’s nithin kamath said ” zerodha already seen fall about 50 percent in new account opening from january this year.
In January 2023, the market cap of the cash market on NSE declined by nearly ₹12.17 lakh crore to ₹268.02 lakh crore compared to ₹280.19 lakh crore due to adani stock pressure and huge layoffs.
Not just that, the total turnover of equity on BSE has dropped from ₹1,18,132.64 crore in September 2022 to ₹68,103.37 crore in January, as per the data.
Mutual fund investor stop their SIPs in last two months due to negative returns in their portfolio. If they continue their SIPs they beat mutual industry professionals.
Vijay kedia also share tweet on this market cycles ” Bear market produce strong investor and strong investor creates bull market then bull market creates weak investors and weak investors creates bear market.”
This cycles continue year by year intelligent investor must know about this and invest according to this market cycles.