Is it good to sell nifty shares in 2020 due to market crisis

                       Due to corona pandemic, the Indian stock market has seen a tremendous fall for the past 3 months. All the shares are dropped to 50% of its market value. Only reliable shares like Reliance, Dr. reddy and software shares are escaped from the market crisis.

           Even many stock market analyst says that the crisis will be over within one year after the corona spread is controlled. The Indian economy is suffering severely and the reforms announced by the central government will not help the finance sector because as the 20 lakh crore reform is announced, the very next day the shares of the banking sectors are dropped to 200 points in the nifty bank index.

           For the small, mid and large scale industry, the government has announced the reforms and increased the investment limit which determines whether the company is small scale or mid-scale company. This reform made some boost for the small scale and the midscale company to benefit from the central government aid.

           Okay, as the question is whether is it good to sell nifty shares in 2020, the answer is patience. As warren buffet said that if the people fear, we want to be greed and if the people are in greed to accumulate shares then we want to fear. And it is good to hold your stock for another 3 to10 years because the technical analysis says that the cycle of uptrend and downtrend is 3 years and the cycle continues but now the crisis is due to the corona pandemic and the severe damage to the Indian economy is happening and there are various reforms and aids are in central government schemes to strengthen the Indian economy, which will nearly take 5 to 10 years for the economy to back to normal GDP growth in the right track.

             As my advice is that buy and accumulate the good company shares and hold the fundamentally bad company for future good results.