The stock market continues to fluctuate before the Union Budget 2025 is introduced. The market is expected to reduce the ups and downs after the budget is presented. The government can make a big announcement in the budget to increase economic growth. Vivek Sharma, the investment head of Easti Advisors, says that even if the fiscal deficit increases slightly due to measures to increase growth, the market will not consider it bad. Moneycontrol had extensive conversation with Sharma about Union Budget, Stock Market and Economy.
This fall is a chance to shop
He said that inflation is decreasing. Indian economy is on the path of growth. In such a situation, if the government changes fiscal strategy to increase economic growth, then investors will welcome it. Regarding the decline in the market, he said that this decline should be a chance to buy this decline for long -term investors. Sharma, who has two decades of experience of trading and investment, believes that the stock market makes a profit to those who have patience and discipline.
Patience and discipline most important in the market
Is the decline in the stock market close now? In response, he said that we have not yet come to the worst phase. The decline of 10 percent after 100 percent profit cannot be called very bad. Actually, the market first wants patience. Those who have entered the market after Kovid have not seen what kind of challenges may come in the market. For example, Nifty Smallcap 100 Index was a flat between January 2018 to March 2023. This means that people investing before January 2018 did not get any returns for the next 5 years. After this, this index doubled before the recent decline from March 2023.
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No need to worry with ups and downs
He said that it is difficult to say that the worst phase of the market has passed or it is going to come. However, long -term investors do not matter. The decline in the market should be seen as an opportunity to invest on low valuation. It should not be afraid. If you are invested in long -term and with discipline, then there is no concern about ups and downs in the market. In contrast, it can be a chance for wealth creation over the long term.