Sharp Decline Tomorrow.

Indian markets might face a sharp decline tomorrow due to concerns over GDP slowdown( NSO:6.4%) and the steep fall in the Nasdaq.( Down > 2%) A 2-3% correction is on the cards tomorrow but don’t see it as a buying opportunity, allocate only after meaningful correction as growth rates are not justifying expensive multiples. Allocate gradually after a healthy correction in high quality stocks. 2025-2026 will be a massive buying opportunity for people who have missed the train and a learning opportunity for people who have paid higher multiples for average companies and overpaid for growth. Pharma is a defensive sector and was factoring in the slowdown.Smart money was moving to that sector and thats why it was up 30-35%.