Mumbai: When the market is trading at record high levels, it’s evident that it will be volatile and hence that was major reason for the yesterday’s decline, Zee Business Managing Editor Anil Singhvi said in a special edition on Thursday. 

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Singhvi said, investors minting money from the market with positive approach, he further adds, more than hard work this is being made on sheer luck as every stock is buzzing some or the other way. 

With surging market, investors increases their growth prospect and trades at a higher position, says the market guru, adding further that the Wednesday’s fall was inevitable as market becomes more volatile when it is trading at all-time high levels. 

 

Singhvi pointed out, Nifty Bank falling by around two per cent and Nifty by 100-125 points is not a much worry, rather the speed of its fall was more concerning in the later hours of market. 

The market perhaps trading a short range and will be little more volatile, said the market guru. He added, the other two triggers that would drive market is F&O expiry and US inflation data, which could impact the global market. 

Singhvi also explains that the market has now opened for two trading, and advises investors/traders to trade both sides considering the volatility in the market. He urges investors should Buy at important support level and to be little cautious while trading in Nifty Bank.