INCOME TAX15 Sept 2026
Are we grinding through a tough time correction? | Mint
Your portfolio may feel stuck, but this is a time correction, not a crash. Prices drift sideways while company earnings slowly catch up. The Nifty is down only about 10% from its September 2024 peak. New investors often find this phase hardest. Don't panic-sell or keep switching funds chasing returns. Stick to your asset allocation and keep investing consistently.
Key Statutory Highlights
- A price correction is a sharp index fall, like the Nifty dropping nearly 60% between January and October 2008.
- A time correction means the index drifts sideways or slips modestly for a long stretch while company earnings catch up, as happened between November 2010 and end-2013.
- From its September 2024 peak of near 26,200, the Nifty is down only about 10%, so the current market looks like a time correction.
Actionable Advice for Taxpayers / Founders:Check your asset allocation and keep up your regular investments instead of switching funds to chase returns; if a long flat market worries you, speak to a financial adviser about your goals and investment horizon.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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