InvestorQ : Is it possible to actually predict the market and the stock prices?
Arti Chavan made post

Is it possible to actually predict the market and the stock prices?

Answer
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2 years ago


So often we all try to sit down and try to predict the level of the Sensex and the nifty after 1 year or 3 years. More often than not, these projections are absolutely ridiculous. Frankly, nobody knows where the nifty is going to be after one year because the nifty by itself is not an asset class but it is just an aggregation of asset classes. There are too many factors at play behind the indices and therefore taking any kind of calibrated view on the index is hard. Even when it comes to stocks, nobody knows what the bottom of individual stocks or the top is. You only have an indication of value.