Market Correction Largely Priced In, Investors Should Deploy Cash

More than 90% of the recent market decline has already been reflected in prices, and investors with available cash should begin deploying funds, Sunil Singhania said, as equities remain volatile amid global tensions and foreign outflows.

The founder of Abakkus Asset Manager LLP told NDTV Profit in an interaction that the markets have reacted sharply to shifting developments around the ongoing conflict and crude price movements, but much of the damage appears to have been absorbed. “More than 90% of the market pain seems to have been discounted,” he said.

BIU