Madhusudan Kela, founder of MK Ventures, says that we have seen tremendous growth in the last 3-4 years. That is why there was a possibility of profit booking in the market. And that is what is happening. There is no possibility of further decline in the coming days. India's growth story is still intact in the long run.

When will the decline in the Indian market stop- Madhusudan Kela says that profit booking is taking place after a big rise in the market. That is why one has to be very careful while investing now.

Will the stock market fall in November and December after October?  In response to this, Madhusudan Kela says that foreign investors are selling. They are withdrawing money from emerging markets like India and investing in China. The main reason behind this is the cheapness of the Chinese markets. But he says that there is no possibility of selling by FIIs in November and December. On IPO, he said that new companies are bringing IPOs, so money is also being recycled there. In October 2024, foreign institutional investors (FIIs) have made tremendous selling in the secondary market. In October itself, FIIs have sold $ 10 billion in the cash market so far. However, the trend of foreign institutional investors has increased in the primary market. Amidst the ever-increasing trend in the IPO market, FIIs have made purchases worth $ 645 million. According to NSDL data, FIIs have been continuously selling in the cash market for the last 14 sessions. FIIs have sold the most in October so far compared to any other month. Earlier, during March 2020, FIIs had sold $8.3 billion in the cash market. Meanwhile, due to the IPOs of many big companies, their interest in the primary market has increased. Garuda Engineering and Hyundai Motor India are raising around ₹28000 crore. Apart from this, 5 SME IPOs launched in October have raised around ₹267 crore. Investors should be careful - On SME IPOs, he said that the regulator is tracking many of these companies. Many SME IPOs have been listed at a huge discount (listed below the issue price). In such a situation, small investors should be careful while investing money.