Yesterday there was statement given by SEBI and RBI regarding P-Notes & CRR rate cut.
Is it an right move ,is that panic or a right step.
I am totally confused with whats going at BSE & NSE ,Monday again saw a bloodbath with sensex shedding more than 700 point to close below 12000.
Now question comes is there anything fundamently wrong with indain market,or its just an action reaction game going on.
I am quite scared of the comments and suggestion these analysis and expert give.Remember Jan 2008 ,when everyone one talking about more and more higher level and sudenly look at there comments and views in recent times.
I feel no one is sure about what happening and whats gona come in recent times ,everyone is just speculating things.
Sometimes at this point of time i feel its the right time to invest into the markets ,but am not very sure if we had already botoomed out or we still have 10-20 % fall waiting ...will it be 11K,10K or 9K ...no one has clues.
But still i feel we should atleast think about having a fresh start at this point of time,definalty if we have an longer prospective,say 2-3 years or may be more than that.
Is it the right time as the legendry BUffet suggests ,that buy when everyone is selling?
Hope i get the answers to my questions soon,and so everyone else.
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