My bullish view on Indian equities remains intact after 2 important events of this week – The Budget & MPC meeting. While long term money should continue to be in appropriate equity schemes, short term money should be invested in low duration debt funds.
The Corona crisis has paradoxically resulted in a confluence of favorable geopolitical and economic factors for India and can result in a sustained economic growth and a consequent sustained rise in Indian equity indices.
India has been suffering from a spate of negative developments lately. It is important to find a few bright aspects too.That will help in giving rise to a more balanced and realistic assessment of the future.
Living with Corona for quite some time is the emerging scenario. Individuals have to be very vigilant themselves from both health and financial aspects
This event highlights the importance of financial planning where liquidity for contingency is the first step and equities are allocated only for long term goals.