New Delhi, April 13 -- Indian equity indices are set for a significant correction at the opening bell following President Trump's announcement of a naval blockade on the Strait of Hormuz. The escalation comes after the collapse of negotiations, pushing market sentiment into a cautious "risk-off" zone as domestic investors weigh the impact of surging energy costs.
Investors are advised to avoid attempting to time the market volatility. "Not the time to trade. Invest, do your discipline monthly investment through the SIP route. Do not try to time this market because I don't think the bottom has formed but nobody knows when the bottom will be formed," said Ajay Bagga, Banking and Market expert, in a conversation with ANI.
He indicated that...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.