It is something you should cheer about. Everything’s coming together. One, the numbers have been reported for GDP, the core sectors firing from all cylinders, whether it is energy, mining, steel, cement.They all are led by the recent push that India has been giving that Make in India should become the most powerful theme. While service sectors have been the primary driver of the growth earlier, definitely the core sectors are performing better. It definitely reflects; one, the depth and the breadth and the economic growth is rising. The market also truly reflects that. Definitely it is something I want to cheer about, given that the growth-led momentum we deserve for the country, also makes the stock market movement fundamentally sound and strong.
That is what we should feel happy about. It is also Thanksgiving week globally. That is also something that coincides with the current bullish view that we are seeing in the market.
What will you do to make it special for our viewers today? How about a tip? No SIPs, but a tip.
A SIP is always a tip. It is the best tip that one can get, given the fact that people have been participating thanks to the SIP. The more you do not look at how the investment is going to perform or rather how the market is going to perform and how the economy is going to perform but still continue to make investments through the SIP, that’s the best way one can build their portfolio.
In fact, I am quite happy that the whole system is revolving around the SIP way of investing in the mutual fund market, which is good news from the sustainability of the overall flows, as well as the experience that investors can get will be far superior. Therefore SIP will always remain the best tip that one can get.
