Ongoing Russia-Ukraine tensions not to last long; current market correction an opportunity for smart investors, says Anand Rathi

Stock market have been sensitive to the growing Russia-Ukraine crisis and investors usually step backwards at the time of such events, Anand Rathi Group Chairman Anand Rathi said. In chat with Zee Business Managing Editor Anil Singhvi, Rathi says that investors must not worry as the markets become jittery during such events. 

However, over the long term they only depend upon the fundamentals and individual companies perform.

There is only one negative from the Russia-Ukraine crisis on India and which is oil prices as they are likley to go up if tensions escalate further, Rathi said.   

He was of the view that the existing war-like situation is likely to not last for more than 15 days, and soon other countries will intervene to pacify the situation.

On Indian markets, he said that the impact of increased interest rate and news of IPO of LIC has been already priced in, and there would not be significant fluctuation. It created an opportunity for a smart investor, he added. 

Because not everyone will think of investing in this situation, those who can move ahead of the market’s superficial sentiment and invest will get benefits, going forward.
The government’s emphasis is on infrastructure, which will increase private investment in the future. Besides, the banking sector is getting powerful, and investors should look for opportunities of investing in this sector. And FMCG will recover in 1 or 2 months. Even if infrastructure sees a downfall of 1 per cent to 2 per cent, FMCG will eventually see an increase in demand, Rathi claimed.

Rathi said that he always looks from the perspective of long-term investors, and almost all sectors are eventually going to grow, but it’ll be imperative for investors to look for which company is going to lead in each sector.

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