Unfortunately this is the harsh reality to me eyerthing in india seems expensive and all time high interest rates doesn’t help either .
I know i might loose money not buying stocks at current valuation but i’m ok with the letting go of the fear of missing out ,i would rather not loose money if there is any change in theme of india being the next growth story or the next china or for whatever reason our markets are so expensive at the current moment(I have burned money in the speciality chemical cycle and china plus1 theory which was going on during covid)
I’m invested in hdfc bank but i would not feel comfortable holding as a long term bet as any meltdown within finanial market will have a effect on hdfc bank as well as most of the holding is by FII.
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