NEW DELHI: Market movement during the week gone by left investors confused as the benchmark indices surged one day and came down on the next with same intensity. So what does it really indicate?
To help them navigate this difficult phase, some top D-Street mavens doled our advice while others tried to make light of the situation.
Heres sampling some of them:
Given the market situation, here's value investor Safir Anand's reaction.
Investment advisor to clients: good time to build a portfolio. Client: what if I'm already fully invested? Advisor: good time to pray
— Safir (@safiranand) 1560939388000
Anand says “this grave situation calls for desperate action.”
India needs to kick start a "save the investor" campaign. He is an endangered species. Don't hunt/haunt him.
— Safir (@safiranand) 1560972304000
Samir Arora of Helios Capital invoked Bollywood to sum up the situation:
If our markets continue like this, day is not far when market people will be asking each other: "Itna sannata kyun hai bhai"
— Samir Arora (@Iamsamirarora) 1560937675000
According to these investors, our problems are self-created. Arora in a tweet said, “the biggest problem with India currently is that the system does not accept that there is a problem."
Met an Indian corporate in the lounge. He says the biggest problem with India currently is that the system does not… https://t.co/Q6PGCN46Ow
— Samir Arora (@Iamsamirarora) 1560766715000
Shankar Sharma says, "The troubles of corporate India are rooted in a simple fact: Corporate India has been largely innovation-free."
The troubles of Corporate India are rooted in a simple fact: Corporate India has been largely Innovation-Free ( loo… https://t.co/pP4qB3dLg3
— Shankar Sharma (@1shankarsharma) 1560752096000
But the next question is what could be done to rectify the situation or protect your investment?
Anand shares the cardinal rule of investing.
Cardinal rule for investing: First you survive Then only you thrive
— Safir (@safiranand) 1560926041000
Arora says always look at a stock in terms of how much you stand to lose.
Remember: If you buy a Rs. 5 type stock don't look at it as a situation where u can lose max Rs. 5 Look at it as a… https://t.co/MLowGNSyAp
— Samir Arora (@Iamsamirarora) 1561002334000
He also made a case for bringing more stocks into the futures segment and shared a few ideas that the government can use to revive the animal spirits in the economy.
Regulators/exchanges should bring more stocks into futures list over time. Mkts can help the regulators and retail… https://t.co/1DTk7nDvLP
— Samir Arora (@Iamsamirarora) 1560915825000
To revive animal spirits, govt should announce that there will be no tax increase or new tax introduced under any h… https://t.co/ltXNQWtDcC
— Samir Arora (@Iamsamirarora) 1560852223000
Sanjay Bakshi in a Twitter thread said the objective should not be to maximise returns but to maximise returns per unit of risk.
To see the way out of this problem, read the Greenblatt quote again: "My largest positions are the ones where I do… https://t.co/wVuYZwa54B
&Read More – Source
[contf]
[contfnew]
ET Markets
[contfnewc]
[contfnewc]
