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Russia-Ukraine War: Anil Singhvi said- 'Focus on saving money...' Understand what you have to do in the downturn of the market?
Russia-Ukraine War: Anil Singhvi, Managing Editor of Zee Business has given a solution to this problem of investors and told what investors should do during this time in the market.
Russia-Ukraine War: Thursday was a very worrying day regarding Russia and Ukraine. On Thursday, February 24, Russia announced an attack on Ukraine and exploded in several cities, including the Ukrainian capital. In such a situation, there was a sell-off in the global markets, but the Indian stock market opened with a huge fall. Selling dominates the stock market
and investors are worried about their portfolio. Talking about the fall in the stock market, there is a fall of more than 1600 points in the Sensex. On the other hand, Nifty is also down by about 500 points. In such a situation, what should investors do and how should the strategy be made ahead. Anil Singhvi, Managing Editor of Zee Business has given a solution to this problem of investors and told what investors should do during this time in the market.
Anil Singhvi's opinion for
traders Anil Singhvi for the traders of the market said that at a time when there is a sharp fall in the market, Anil Singhvi has advised NOTA. Anil Singhvi advised not to place any new positions in such a market environment.
'Wrong thinking of making money in a falling market'
Anil Singhvi said that in such an environment in the market, investors should not think that money should be made by buying in a falling market. Anil Singhvi said that this thinking is not a worker. According to Anil Singhvi, right now it should be thinking how to make money at this time.
Focus on saving money- Singhvi
Anil Singhvi said that at such times in the market, traders should focus on saving money. He advised that this is the time to increase experience. Anil Singhvi advised investors and traders that in a war environment, traders should not hold overnight positions and should focus on saving money.