Sensex, Nifty at Budget-day lows. Should you buy the dip or wait for 10% correction?
Stock market shifted from greed to fear due to concerns over the Yen carry trade unwind and a potential US recession. This has pushed the Sensex and Nifty below Budget-day lows, testing the buy-the-dip strategy. However, experts fear this could be the start of a deeper decline, potentially up to 10%.