My bet in India will be on banking sector only. So whenever I will enter again it will be bank's stock at first followed by Telecom and Pharma. Frankly speaking I am looking at below 20K levels for first meagre entry. Till then even if it go back to 26k, I won't care. Here on every bounce on upside will only open bigger downside. People will understand this over time. Last time also they sit in markets until they lost most of it. First they lost all their profits and then started losing principal followed by booking loss.I wonder why would they? Do we think american leaders be like - Oh, today I will work to make sure Indian stock market doesn't go down?
We need to HODL and buy the dip.
In few months, this will be boosted insanely. Elon doesn't bet on a losing horse. Just make sure to stay away from indian auto stocks as US companies are coming in, we will have amazin cars coming in the market BUT indian auto makers will make the biggest loss and only few will survive the onslaught.