We are seeing the first meaningful correction in the current bull run and this correction has completed more than 10% from highs however we are in a structural bull run where every correction is a great buying opportunity.
In December alone, while FPIs withdrew Rs 25,252 crore from stock markets, they invested Rs 11,782 crore in IPOs.
When the Office of the Economic Adviser in the Department for Promotion of Industry and Internal Trade released the data last week, it declared that the wholesale inflation rate had zoomed to 14.23% in November.