The relative valuation of Indian markets has become reasonable after the recent corrections. Also, compared to its historical average price to earnings multiple, Nifty50 is trading at a fair level.
The recovery in the stock market post Covid did take a big hit last year because of decadal high inflation, liquidity tightening measures by central banks, and geopolitical tensions.
Intraday Trading: In view of the high risk involved in intraday trading, new and retail investors are advised to stay away from it.
