Continuing Indian Equity Investments Is The Best Strategy At Present

When Covid-19 came to light in early 2020, equity markets world over came under pressure. When restrictions were imposed in the form of a lockdown in March 2020, markets crashed. Soon after, the markets began a sharp rise which continued till October 2021. Since then, the market has been largely remained stagnant. In October 2021, for instance, the BSE Sensex was at 61,300, same as in in November 2022. There were some significant corrections and advances in between but it is only recently that markets came off the range and touched an all-time high level of 63,200 in early December 2022. It is often reiterated that the Indian equity markets are over-valued compared to other developed market equities and hence investors should exercise caution. However, no one can be certain what direction the market will decisively take in the near term. The calls for caution due to markets being...