It’s time to bring long-term investing back into fashion!

Since 1996, the BSE Sensex has had a drawdown ranging from a low of 0% to a high of 59.5% in 2008...

It has been observed that the average drawdown since 1996 is 14.2%, while on the other hand, the BSE Sensex yields an average annual return of 16% for the same period..

One interesting thing to observe is since its inception, the BSE Sensex has given positive returns 31 times out of 42 years (74%) and a double-digit return 24 times out of 42 years (57%)...

The Benchmark index continued to trade in a bearish mode for the 3rd consecutive week but traded within the previous week's candles range and closed at 16,945 levels with a loss of 0.91% on the weekly closing basis..

Overall, the stance has turned bearish and Nifty stands at the strong polarity support of 16,800 16,750 levels, failing to hold which the index is likely to see a further correction towards 16,450 16,400 zones..

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