Patience is key in stock markets. True market bottoms are long cycles, not short corrections. Investors need a broad time horizon to find value. Markets move in cycles shaped by growth, liquidity, rates, and psychology. History shows major bottoms form after prolonged pessimism. Quality assets are often mispriced then. This wisdom is vital for emerging markets like India.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets