Synopsis
The Hindenburg research report on Adani Group has shaken investor confidence. Since the upside for equities looks limited, investors will have to wait longer to achieve their target returns. But clearly, the market has become more attractive and this can be a good time to enter for long-term investors.
Maulik Diwan, an avid follower of stock markets, has been investing INR20,000 every month since 2012 in the systematic investment plan (SIP) of an equity mutual fund. It has fetched him a return of 12% to 14% every year. Diwan expects a similar return from the scheme in 2023 too, but his target could be way off the mark this time around. Amid high inflation and the Adani-Hindenburg saga, some fund managers are of the view that ending the year
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