The interim budget, inter alia, has offered some crucial tax breaks to the middle income group of tax payers. Following are some material benefits that have been provided to property owners who are liable to pay tax on income from house property or capital gains on sale of property.
decade opportunity (the last sharp correction in small caps was in 2011, and was followed by a sharp comeback).
In times like these skeptical investors are likely to wonder if it would not make sense to wait a little more and buy small caps when they have corrected even more. Well, it may take a brave soul to counter them.
The only issue is that we will know the bottom only in hindsight. And it’s not just us. Many a great investor in the early stages of their careers have tried doing this and failed spectacularly. Empirical evidence as also most mature investors suggest that timing the market is an exercise in vain. One can never get it consistently right. While it is difficult predict how deep this
correction could go or when it will reverse, one thing is certain; markets move in cycles.
SmallCap Carnage: Will
Resurrection Follow?
While small caps are under a bear grip now, it will be followed by a phase of recovery. And as that happens, quality stocks in the small cap space will make a fast and handsome comeback and quite a few of them could well be tomorrows large cap blue chips. This comeback could happen pre-elections, post elections or may even take over a year. And before the comeback, the correction could get even more severe.
Do they say that fortune favours the brave (aka patient)?
