Post
BFSI, Investments & Trading
4mo
a software developer

Market expected to fall after Diwali?

Few of my friends (self proclaimed stock market gurus) have been telling me that the the chart pattern and scenario shows market is bound to fall soon, probably after Diwali. Is it true? I was about invest in lump sum in Mutual Funds, should I wait or invest right now? Any experts here who can advice me on this??
Avatar
Avatar
creativelatte
4mo
works at
Yes correction of upto 30% can come
Avatar
a software developer
author
4mo
@creativelatte so i should wait for market to fall and then invest right?
View 2 more replies
Avatar
a senior product manager
4mo
Are you serious? Somebody told me I should invest most during diwali
Avatar
a software developer
author
4mo
@a senior product manager who is that someone?
View 1 more reply
Avatar
ratracerebel
4mo (edited)
currently not working
Don't buy in LUMPSUM, because if MF redemption requests will start coming, market will fall even more and your MF mgr will have to buy from your ... see more
Avatar
a software developer
author
4mo
@ratracerebel aye thanks for such a detailed insight! much appreciated!
Avatar
freshvibe
4mo
works at
Always avoid lumpsum. SIP better.
Avatar
a software developer
author
3mo
@freshvibe why so?
View 1 more reply
Posts you might like
Career Advice
1w
a procurement specialist
Am I on right path?
Right after my BCom, I took a service advisor role at Honda for ₹7K due to urgency. Later, I moved to a gas station for ₹10K, handling all kinds of work beyond office tasks. My breakthrough came when I joined as an orde... read more
News
2w (edited)
a team lead
Techie worked 14 hours a day, got a Rs 7.5 Cr promotion, but...
Clocking 14-hour days might sound like the ultimate dedication, but at what cost? This techie’s sto... read more
FeedCard Image
Day to Day Office
5d (edited)
bugmaster
·
works at
For those who live alone, how do you handle the silence?
Sure, you have people around, flatmates, coworkers, friends....and family is just a call away. But still, it can get incredibly quiet, and sometimes the noise i... read more
FeedCard Image