It’s quite clear what long-term investors must do in 2023

The domestic economy and even equities have done far better in 2022 than many other countries. Whether this decoupling will continue in the new year is not certain

Ananya Roy
December 30, 2022 / 09:02 AM IST
It’s quite clear what long-term investors must do in 2023

The way ahead for long-term investors is quite clear – use every correction to buy fundamentally strong companies available at attractive valuations. (File image)

It has been quite a rough year for investors. During 2022, stock markets experienced the highest of highs as equities rode a TINA rally. However, underlying fundamentals were quick to deliver harsh reality checks. Plagued by the COVID scare which blew hot and cold throughout the year, worsened by the war in Europe, and topped off by sky-high inflation and consequent monetary policy tightening around the globe, the Nifty is on its way to yield dismal mid-single digit returns...