Dont watch my show, says Anil Singhvi to viewers; here is what he said and why?
The next two decades will belong to India, Zee Business Managing Director Anil Singhvi opines. The Market Guru said that Indias investors and the economy both will grow over the next 15-20 years. He had also tweeted about this. Many of his and the channels followers have also reacted and supported to what he had to stay.
The next two decades will belong to India, Zee Business Managing Director Anil Singhvi opines. The Market Guru said that India's investors and the economy both will grow over the next 15-20 years. He had also tweeted about this. Many of his and the channel's followers have also reacted and supported to what he had to stay.
The US State Department has described India as a big consumer market. He said that India is a big producer of high-tech, high-demand goods. Singhvi reacted to this and said that there is a consumption economy in India. He said that this is the problem with all the people of India that we need someone outside to tell us how good we are.
He further said that if the US thinks that India is a strong economy, then nothing else should be believed. He said that there is a continuous decline in the market and further decline can be seen in it.
Advice to investors
Market Guru said that if the investors think that there are good stocks in their portfolio then stay with them. He asked the investors to take a decision on whether to watch TV shows for 6-12 months if it creates panic mode. He suggested not to look at the portfolio for 1 year if the investors believe that they have good stocks in their portfolio.
What should investors do if the stock is not good?
Singhvi further said that if you do not have good stocks in your portfolio, then it is natural to be worried about the downfall of the market. But if there are good stocks in the portfolio and have invested money in good mutual funds, then what is the problem.
He said that history is witness to the fact that a new high is formed after every recession. He further said that if investors have the ability to hold then do not watch TV shows, do not read newspapers, and let the index settle first.
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Invest money even if 10-20% broken market
Anil Singhvi said that even if the market breaks even 10-20 percent, do not stop investing money here. Panicking will not work. If you have taken poor-quality stocks, then exit from them and invest in good mutual funds, he added. Plan to invest money in the market for a long period, he said, maybe you will get returns in the short term.
Advice for traders
Anil Singhvi advised traders to change their positions every day by setting a separate stop loss. If investors invest money for a long period, then definitely a good corpus will be created.
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