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  • CFG Shashank Agarwal updated status
    Q. What could be the maximum possible correction at worst ?

    It is very difficult for anyone to predict the absolute bottom, especially in current conditions till such time the on-going issues come in control of countries which are most impacted, markets would continue to be volatile and in...
    Q. What could be the maximum possible correction at worst ?

    It is very difficult for anyone to predict the absolute bottom, especially in current conditions till such time the on-going issues come in control of countries which are most impacted, markets would continue to be volatile and in correcting mode. Having said so, we do feel that the correction is ‘done too much too soon’ due to rapid selling by FII’s and with very low volumes, and from here the pace of correction may not be too much, but you can never rule out 5-10% correction still in coming weeks. So, what we need to do is:

    1. Not get impacted looking at notional losses in our portfolios and simply SIT TIGHT at this point of time, and

    2. If comfortable do try and add more money in equities to take advantage of the ongoing volatility.

    #Stay at home n #Save lives
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