Hi,
What do you think is the reason why the market is not falling even though most of us about high valuation, bubble etc…
My take on the reason is: Retail investor by and large missed this bull run and most of them who had positions would have sold at least half of their Portfolio by this time ( I admit that I encashed half of my portfolio in the last 1 month in SWP).
It looks like only FII are investing now and even DII are mostly net sellers.
If the market is gonna fall from here it will be FII who will be losing the money (in fact they won’t lose money they will make less profit) so they should be waiting for the retail investors (SCAPE GOAT) to get in so that when they sell there will be somebody to buy it.
The way the IPO’s are getting over sub subscribed (Remember couple of months back the company’s were providing 5% discount just to bring in retail investment now the scenario is different) it clearly shows that the retails investors are feeling pinch and want to get into share market.
so I think the market would fall the moment retail investor talk about buying xyz stocks just because it doubled in week time. What is your opinion on my take?
Note:
I am not a pro in stock market this is just my personal opinion. I may be wrong.