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October finished with a Sensex reading of 21,164, a new closing high for the index. Many investors would have bought a good number of stocks at or near the peak. So they would be tempted to sell at no-loss levels after nursing their losses for over five long years.
A new high means nothing to a major part of the markets, although the Sensex managed to close at an all-time high, the majority - 77 per cent of the stocks - are still in the red.
So don’t judge your own performance through the performance of the index. Study your portfolio and then take a call on whether to buy more or book your losses or gains.
A new high means nothing to a major part of the markets, although the Sensex managed to close at an all-time high, the majority - 77 per cent of the stocks - are still in the red.
So don’t judge your own performance through the performance of the index. Study your portfolio and then take a call on whether to buy more or book your losses or gains.
Should I Sell or Buy more stocks now?
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