Investing in fluctuating markets: Buy, hold, or exit?
The first quarter of 2020 witnessed a bloodbath on the bourses. From a high of 41,952 on 14th January, 2020, the stock markets plummeted to a low of 39-month low of 25,981 on 23rd March, 2020. The last time the BSE Sensex had been at a similar level was 26th December, 2016, after which there had been a steady and secular long term uptrend.
Essentially, whatever gains the bellwether Sensex had made in 39 months was wiped out in just 2 months, albeit reversing some of the losses in the last two months. Should investors be worried? Yes and no.
Read the full article published originally on Financial Express: Investing in fluctuating markets: Buy, hold, or exit?
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