When the novel CoronaVirus was declared a pandemic and nationwide lockdown was announced, we knew that our economy would take a serious hit. In the first quarter we saw a dip of more than 23% in our GDP. As we opened our markets, the market started recovering too. We even saw a positive growth of 0.4%. But here is a catch, as the market recovered, the stock market recovered too, but there was this big discrepancy. The Reserve Bank of India noticed that the speed of recovery of the market is way faster than the speed of recovery of the economy. This is why the RBI recently released their paper and warned that we might see a stock bubble. This prediction has sent shock waves across the market sector. In this article we will try to understand what this stock bubble is and why we should sell gold Delhi NCR to cope with it.
This stock bubble is something that will burst sooner than later. We need to be prepared for it with all our resources. This is why we advise you to sell your gold to us for your better financial health.