My Thoughts - The FII's have been selling for the last few wee | Make Money with Amit Bhawani 👨‍🏫💲

My Thoughts - The FII's have been selling for the last few weeks while the DII's have been buying & hence the market is in a range. When this selling stops, the markets will further move up & I think the big correction many are expecting isn't going to happen.

When the second wave came, the market did fall but to a very small extent & not on the same levels as seen last year. The European & US Markets did drop a bit last week after Delta news came in but rebounded quickly.

Even if there's a third wave, most of the businesses are back and companies are trying to get their employees back so the whole ecosystem is back up and running. Hence the effect of COVID might not be seen. Though time shall say, I feel the bulls ride is going to continue from now on, unless something expected happens. As always if you are a small investor, go for SIP's and keep investing in dips or systematic ways instead of holding the money based on the rumors of another crash where people say Sensex will hit 30,000 which is very unlikely.

~Amit Bhawani