Stock markets have been in a tailspin. Some, including those in India, saw steep falls never seen before, worse than the 2008 financial crisis. After the sharpest-ever drop on March 12, the Sensex breached the 26,000-mark on March 23. As investors try to adjust to the new normal, portfolios have been bleeding red. So, should they sit on the fence or dive in? Founder of Abakkus Asset Manager, Sunil Singhania believes it is time to embrace volatility by spreading out investments and buying in tranches. In this exclusive interview with Outlook Business, the market veteran discusses how deep the wound runs, time needed for the market to recover and where investors could take cover to benefit from the crash.
Sunil Singhania on why boring sectors such as utility are going to get attractive
Amidst a volatile stock market, experts including Abakkus Asset Management founder Sunil Singhania are seeing opportunity, while proceeding with caution