Investing strategies: Is it a good time to buy stocks for the long term?

The Jefferies report said that within the Nifty 100 several PSUs such as State Bank of India, GAIL, ONGC, NTPC, Bank of Baroda, Punjab National Bank & Power Finance Corporation slipped below GFC lows.

The coronavirus pandemic has rattled global economies and triggered an across-the-board sell-off in equities as an asset class. Since the first coronavirus cases emerged in late 2019, global markets have sharply fallen. The Dow Jones Industrial Average (DJIA) and the S&P 500 ended their 11-year bull-run—the longest ever in history—as the S&P BSE Sensex and the Nifty 50, too, entered bear-market territory with a fall of over 30 per cent each. A fall of 20 per cent or more in a stock, or an index, is typically regarded as a bear phase for that traded unit.

A recent analysis by