Why NIFTY 50, other indices and your portfolio is in dark Red?
--> FII (Foreign Institutional Investors) and DII (Domestic Institutional Investors) are continuously selling their stakes daily.
--> Hike in Fed Rates, the Federal Reserve of America is planning on increasing the Fed rate, first of its kind after the COVID-19 pandemic due to the rising inflation rate which is currently at 7%. As Fed Rates will increase it will lead to liquidity absorption from the economy leading to which the equity markets will show weakness.
--> Annual Budget- Indian investors are getting ready and moving cautiously for the Annual budget scheduled on 1st Feb 2022.
Believe in your fundamental stocks, stay invested in them and park your rest of the money in some safer place for a few more days.
This too shall pass...
Until then!