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Markets went through a bull run correction, global growth intact: Ramesh Damani

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  Ramesh Damani believes domestic stock markets are in the middle on an ongoing bull run and they are nowhere near the top, and even in this phase of a normal market correction, several stocks hit fresh highs on the back of growth plans and ambitious capex.

The article from Moneycontrol features an interview with veteran investor Ramesh Damani, who discusses the current state of the Indian stock market. Damani reflects on the market's journey, noting that it has experienced a significant bull run followed by a correction, which he views as a healthy part of market cycles. He emphasizes that despite these fluctuations, global economic growth remains intact, suggesting a positive outlook for long-term investors. Damani also touches upon the importance of understanding market psychology, the impact of global events on local markets, and the potential for India's growth story to continue, driven by factors like digital transformation, infrastructure development, and increasing consumer demand. He advises investors to stay invested, look for quality stocks, and not be overly concerned with short-term volatility.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/markets/markets-went-through-a-bull-run-correction-global-growth-intact-ramesh-damani-12973170.html ]