The Indian Market is reacting sharply to the Middle East tension, and that's why the Indian Market is down for almost 3% in last 2 days. I am not worried much because I don't trade, it's actually an opportunity for me to buy more ETF now as when the market will improve I will get 6% profit much easily.
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There is a flare up building in Middle East where the chances of full war could be a possibility and if thar happens then it might be a problem for countries because the oil prices might go up. And that's why the Indian Market is reacting. Along with that Chinese market is actually getting better as it was sleeping for long. And might that's why the FII's or DII's might have started investing there for short term. That's why they might be pulling money away from the Indian Market.
Now for me, I have been investing using the ETF and thus I have bought little more today because you never know when the market can reverse and give good returns. And that's why slowly and steadily investing through ETF is actually better. If I talk about my ETF ki dukan, the September was okish where I got around 1.25% after deducting the tax and brokerage.
So 1.25% is to be honest a good amount of money on the investment,but I know it will not happen in the month of October if the war continues or if there is any other things which comes up. And that's why I am thinking of getting less than 1% in the month of October.
If the market goes down more, I am thinking of investing more in the ETF ki dukan and it might help me in the future. I am also trying to get into more strategies and might create Google Sheets for the same.
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