Since topping out in Sep’24, the Indian stock market is down around 25% on a broader level.
This month, we had another major event in the form of Trump Tariffs. The good news is, except for China, Trump has announced a 90-day pause on reciprocal tariffs with a universal rate of 10%.
As is often the case, whenever the markets have corrected sharply, the general question that comes to mind is…Have the markets bottomed out?
To answer this question, today, we will look at a chart – ‘Google Trend – Multibagger Stocks‘.
This chart has been quite accurate in depicting investor sentiment. In the past, barring a few times, it has also predicted market tops and bottoms quite well.
Important Update: Tomorrow, we will release a new recommendation for “Insider Bets” subscribers.
Google Trend – Multibagger Stocks
- What this chart tells us is, “How interested are investors these days in searching for Multibagger stocks?”
- As can be observed from the chart, the “Multibagger Stock” trends chart peaked around the same time markets peaked in the past: Dec’07, Sep’10, Jan’18, Jan’22.
- Similarly, the “Multibagger stock” trends chart bottomed around the same time markets hit bottom in the past: Dec’08, Jul’13, Mar’20, Mar’23.
- Generally, whenever the value breaches 65, the market enters a dangerous zone and there have been major corrections subsequently.
- At the end of Dec’24, the value was 66.
- At the end of Mar’25, the value had dropped to 27. So, the investor interest is certainly down since Dec’24…but can we say is it the bottom?
- Not necessarily; in the past, in 2012-13 and 2019, when the markets went through both time and price correction, the values went down even lower
- Just like 65 and above has been a dangerous zone for the markets, 25 and below has been a good buying zone for long term investors.
- In the past, investors who invested when the value was around 25 or lower, did quite well on their investments over the next 3-5 years.
Note: Any indicator is prone to errors and can’t be relied on completely. Also, in general, one should invest only that money in stocks which you think you won’t need at least for 3-4 years.
Hope you found the blog post useful and it added value to your investment decisions. Sign up for more interesting stock ideas and industry notes.
Ekansh Mittal
Research Analyst
SEBI Research Analyst Registration No. INH100001690
Research Analyst Details
Name: Ekansh Mittal Email Id: [email protected] Ph: +91 727 5050062
Details of Associate: Not Applicable
Analyst Certification: The Analyst certify (ies) that the views expressed herein accurately reflect his (their) personal view(s) about the subject security (ies) and issuer(s) and that no part of his (their) compensation was, is or will be directly or indirectly related to the specific recommendation(s) or views contained in this research report.
Disclaimer: http://www.
Registered Address – 7, Panch Ratan, 7/128, Swaroop Nagar, Kanpur – 208002
Place of Business – 205, Ratan Floor, 113/120, Swaroop Nagar, Kanpur – 208002
Compliance Officer/Grievance Redressal – Mr. Ekansh Mittal, +91-9818866676, info@
“Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors”.
“Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”
The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Ekansh Mittal/Mittal Consulting/Katalyst Wealth is not soliciting any action based upon it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. Ekansh Mittal or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Neither Ekansh Mittal, nor its employees, agents nor representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Ekansh Mittal/Mittal Consulting or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
The recipients of this report should rely on their own investigations. Ekansh Mittal/Mittal Consulting and/or its affiliates and/or employees may have interests/ positions, financial or otherwise in the securities mentioned in this report. Mittal Consulting has incorporated adequate disclosures in this document. This should, however, not be treated as endorsement of the views expressed in the report.
We submit that no material disciplinary action has been taken on Ekansh Mittal by any regulatory authority impacting Equity Research Analysis.
Disclaimer: You can access it here – LINK
Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company/companies and the nature of such financial interest – No
Whether the research analyst or research entity or his associates or his relatives have actual/beneficial ownership of 1% or more securities of the subject company (at the end of the month immediately preceding the date of publication of the research report or date of the public appearance) – No
Whether the research analyst or research entity or his associate or his relative has any other material conflict of interest at the time of publication of the research report or at the time of public appearance – No
Whether it or its associates have received any compensation from the subject company in the past twelve months – No
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past 12 months – No
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether it or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided – No
Whether the research analyst has served as an officer, director or employee of the subject company – No
Whether the research analyst or research entity has been engaged in market making activity for the subject company – No