Edelweiss Mutual Fund CEO Radhika Gupta highlighted the difficulty of timing the stock market in light of the sharp rally seen in Indian indices today.
Indian benchmark indices – Sensex and Nifty 50 – rallied over 3.5% each in trade today to post the best single-day gains in over four years. This rally also added ₹16 lakh crore to investor wealth, as India’s market capitalisation reclaimed $5 trillion mark. This rally came amid a deal between US and China and the India-Pakistan ceasefire.
Against this backdrop, Radhika Gupta, in a post on social media platform X, on May 12, stressed the need to stay invested and stay patient, as such good days make up for a large part of yearly returns.
