After a session of relief – the Diwali Muhurat trading – the market in November appears to be going the way it did in October. With the Nifty showing the way, the top contributors to the decline are Bharti Airtel, Reliance Industries, and ICICI and HDFC banks. Why are these fundamentally strong stocks that have created wealth for investors leading the fall yet again? The underlying reasons need to be understood for decisions to be taken in the right context. Because even the most rational mind could end up selling stocks when it is actually the time to buy them.
