Shor believes successful investors have the skill to be wrong most of the time and still make money as their performance is largely dictated by what they do after they buy a stock and how they deal with both losing and winning positions over time.

“We expect that the leadership of the market might shift going forward. Everything goes through a cycle and we believe that there is a possibility that this cyclical shift will lead to change in leadership with very different segments of the market performing better in the future as compared to the past,” said Rushabh Seth.

In an interview with ETMarkets, Kothari said: “We could see NIFTY heading towards 16000 – 16200 mark in the coming weeks. But, this zone would be a tough nut to crack since that is a gap area on the daily time frame.”

A chunk of the S&P 500’s loss was rolled back over the holiday-shortened week, with the index surging more than 6% as a report showed inflation expectations eased. Stocks are still stuck in a bear market after falling as much as 24% since January, weighed down by concern interest-rate hikes by the Federal Reserve will thrust the economy into a recession.

The Fed’s plan of quickly getting its benchmark rate to 3.5% to 4% “should create an upfront tightening of financial conditions which will quickly bring inflation back to target,” Managing Director Kristalina Georgieva told reporters.

The NSE Nifty advanced 405.75 points or 2.65 per cent for the week to settle at 15,699.25. The BSE Sensex closed the week at 52,727.98, up 1,367.56 points, or 2.66 per cent. The BSE midcap and the BSE SMallcap indices rose 2.38 per cent and 1.61 per cent, respectively.

Robinhood drew the ire of lawmakers on Capitol Hill last year after the surge in demand for meme stocks prompted the firm and some of its competitors to temporarily prevent clients from buying shares of some companies. The episode led to congressional hearings, threats of new regulations and added scrutiny for some of the biggest names in stock trading.

"The process takes time; it’s not an overnight process and I also think to do good deeds for others. On the other hand, I also think about how can I make a difference in their lives? It is not about just giving charity or giving money, but my strong belief is that you have to work on building competence; you have to work on building skills, and you have to work on building those kinds of capabilities that should be sustaining."

Stocks rebounded this week as financial markets have been roiled over worries that rapid rate hikes by the Fed to rein in 40-year-high inflation could cause a recession.

The first half of 2022 has been a challenging one for investors. The S&P 500 is down around 18% year-to-date, on track for its worst first half of any year since 1970, according to S&P Dow Jones Indices, as the Fed tightens monetary policy in its fight against the highest inflation in decades.