06/08/2024
If there is one false notion Indian investors must bury in the aftermath of the on-going pullback in equity markets then it’s that India's mammoth SIP flows from our retail investors, which stands at a staggering INR 21,000+ Crores (over $2.5 billion) per month provide any material protection / insulation to our markets in the face a downturn in global markets / economy! They do NOT! This is an opportune moment to revisit this video of mine that I had published on 15th June this year - long before the onset of the current bout of weakness in equity markets. This on-going pull-back in equity markets has only served to conclusively prove what I was trying to argue in this video:
https://www.youtube.com/watch?v=W2gs9fpPwJI&t=173s
Also, if you are wondering what the on-going steep pullback in stocks all about, do watch out for my upcoming video (scheduled to be published tomorrow, 7 Jul’24)