As volatility is a long-term investor’s best friend, we believe investors should make use of such situation to accumulate good quality companies for long term.
The market has reacted positively with strong volumes, after major events like state election results, RBI governor’s resignation and OPEC’s meeting are out of the way.
The market seems to have discounted the uncertainity over the last couple of months due to the lined up key events and corporate governance issues cropping up in the financial sector
Additionally, the markets have reacted positively to the US-China trade truce, stable debt market and stabilizing crude oil prices. We believe markets will not break October 2018 lows so easily unless some global issue escalates.
As volatility is a long-term investor’s best friend, we believe investors should make use of such situation to accumulate good quality companies for long term.
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