Vijay Kedia shares a simple market lesson that most retail investors miss: Don't chase today's favourite

Veteran investor Vijay Kedia shared a market philosophy on social media advising retail investors against chasing the latest investment trends, emphasising instead that markets move in rotations through opportunity, euphoria, correction, and new opportunity phases. He noted that Indian equities were among the world's strongest performers between 2021 and September 2024 before leadership gradually shifted toward other asset classes. Kedia, founder of Kedia Securities, urged investors to recognise where markets stand in the broader investment cycle rather than reacting to headlines.