homevideos Newsmarket NewsMarket corrections are opportunities to build long term positions, says Sunil Singhania of Abakkus
videos | Jul 4, 2022 6:27 PM IST

Market corrections are opportunities to build long term positions, says Sunil Singhania of Abakkus

Mini

In an interview to CNBC-TV18, Sunil Singhania, Founder of Abakkus Asset Mgmt said No investors like corrections, but corrections are part of the markets and part of our life. But this allow investor to take a breather, and also allow investors who are sitting on cash to use this as an opportunity to build long term positions.

No investors like corrections, but corrections are part of the markets, and part of our life. Speaking to CNBC-TV18, Sunil Singhania, Founder of Abakkus Asset Management, said, “But (corrections) allow investors to take a breather, and also allow those who are sitting on cash to use this as an opportunity to build long-term positions.”

Recommended Articles

View All

He added, “When corrections come, they normally surpass expectations as far as the correction level is concerned, and that is what we are seeing right now. But I think that is life, one fundamental (principle) which every investor has to follow is that the investors should do what they understand and what they can sustain.”
He said over the last 18 months to two years, private capital expenditure has come back along with government-led spending and that is “good from a capital goods perspective”. This is one space to keep an eye on, he added.
Watch video for more
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng