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Investors Must Wait For Market Capitulation Instead Of Being Brave, Says Dhananjay Sinha
"There will be more volatility as we progress forward," says JM Financial's Dhananjay Sinha.
20 Jun 2022, 08:21 AM IST
High inflation and synchronous tightening in global liquidity led by the U.S. is driving the market towards capitulation, a phase when investors give up hope of gains and sell in panic.That's according to Dhananjay Sinha, managing director and chief strategist at JM Financial Ltd. In the last six months, India's benchmark indices have slackened by about 15%, Sinha told BQ Prime's Niraj Shah in an interview."We are heading towards a g...
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