It's too late to sell; time to stay calm amid market volatility: Atul Suri
«We talk about US, the great bull market between 1980 and 2000, the Dow moved from some 700 to 10,000, but in that there was something called crash of 87, where books were written about, but we do not talk about it. 2003 to 2008 in the Indian context, the market had hit lower circuit two or three times,» says Atul Suri, Marathon Trends — PMS.
It has been a bad year. Will bad get ugly before it gets better?
Atul Suri: See, it is a very difficult answer whether it will get ugly, but personally I think that the first question you have got to ask yourself is the primary trend changed. I do not think so. We are still in a larger bull market. Yes, we will go through corrections. We will go through pain. I mean, we know it, we can look back at 50-100-year charts and see that hey no line has gone straight and in all these times.
We talk about US, the great bull market between 1980 and 2000, the Dow moved from some 700 to 10,000, but in that there was something called crash of 87, where books were written about, but we do not talk about it. 2003 to 2008 in the Indian context, the market had hit lower circuit two or three times.
This bull market also Ukraine crisis, 2023 markets got into it.
Atul Suri: 2022 was not a good year. Actually, when you talk about it, 2023, 2024 fair enough; half of 24 also was not so good. So, it is a one, one-and-a-half, two-year bull market and it has to go through its corrections. Excesses will happen. They will correct. And here itself will you have new leadership setting up. So, what I think
