While the last three months have been the worst from health and wealth perspective, the same period has come out as the best quarter for the NSE Nifty. Yes, you read that right. The 50-stock index has recovered more than 30 per cent in this bear-hit market. The money lesson here is that investors can earn even when the market is extremely volatile. Zee Business Managing Editor Anil Singhvi said that the last three months have given opportunity to both traders and investors as it was a period of both earning and learning.
Speaking on the investors strategy that was useful in making money in the last quarter, Anil Singhvi said, “We had indicated very early that investors will have to make investment in four stages where they invested their third installment of 40 per cent surplus money when the market made its bottom at 7,500 levels. After that market made pull-back and hit 10,000 levels, we advised investors to book-profit at above 10,000 mark.”
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Singhvi said now that investors have 60 per cent of their surplus money in their hand, Zee Business will come up again with cutting-edge investment guidance for them.
On traders, Singhvi said, “Traders are those who make very short-term investment but there is skill involved in it. A trader should pump money in the market only when he is able to predict the market movement for the intraday and for the next day trade. If the trader is able to do that even when the market is extremely volatile, then it’s the time to invest otherwise, he should carve himself away from trade. We did the same when we advised traders not to invest as it had become very difficult to predict the market movement even for the next one hour.”
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निराशा के माहौल में ही पैसे बनने की होती है शुरुआत…अनिल सिंघवी ने कहा- हर बुल रन की शुरुआत बियर रन के खात्मे से होती है…#EditorsTake #NSE #BSE #Sensex #Nifty #StockMarket @AnilSinghvi_ pic.twitter.com/4n1sGcFtgY
— Zee Business (@ZeeBusiness) July 1, 2020
In a significant revelation, Singhvi said that not losing money is also a strategy that market investors and traders must learn and the last three months were exactly the same for both of them.