This happened during the 2020 pandemic, the stock market had a crash and all my favorite company’s stock had their lowest rate, a market crash ( in stock market language ). A market crash is a time you get all your favorite stocks at a heavy discount. As a beginner, I used to follow a few stocks that are fundamentally good and performing stock. But those stocks were at a peak price. And this lockdown bought all stock to their lowest rate and I had the opportunity to get few stocks of INFOSYS at Rs 633. (it was a good price )
INFOSYS is a good stock you can follow and invest in. If you are a beginner it is better to invest in stocks like INFOSYS, TCS, and ITC( I bought it at Rs 158 ) for a start. But see that you buy them at a fair price.
I also tried buying TCS, but no luck because it all hit the lowest rate and many were behind that stock to buy. So whatever stock I could get I bought and left trading.
Source : Money Control
So, if you see the above graph I have highlighted the lowest and the present highest.
I bought the shares somewhere around March 23rd and sold it around July 25 for Rs 928.
And, if you calculate the returns it is more than 40% for a little effort, better than having your money in bank and FD.
That % of returns within 6 months of investments (Short term). Sound good right. Not always you get an opportunity like this, but when you get you should be there in the market to buy.
Learn how to start investing in share market
Note: Short-term investment attracts STCG tax
All I did was to follow the share market and news to know the reason why it was falling.
During a pandemic, there was no special reason as such. It was all because of COVID-19.
Sometimes a situation like this can be used for your advantage. Being a beginner all my investments were at a minimum.
Stock market is fun, be patient and don’t be greedy.
Stay tuned….
