MarketsOpportunity Amid Crash: Market Veteran Reckons 'The Great Indian Clearance Sale Is On'
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Opportunity Amid Crash: Market Veteran Reckons 'The Great Indian Clearance Sale Is On'
"If you're a good stock picker, this is an exciting opportunity. I'll be shocked if you can't make money over a three to four-year period," said Samit Vartak of SageOne Investment Managers.
The BSE Sensex has plunged by 14.5% from its 52-week high, and plummeted by 3% in the last week alone. (Photo source: NDTV Profit)
The ongoing slide in Indian equities is akin to "the great Indian clearance sale", and investors should view this as an opportunity to pick up promising stocks, according to market veteran Samit Vartak.The Indian benchmark index, Nifty 50, has corrected 15% from its all-time highs in September 2024 and has fallen over 5% in the last month alone. However, according to Vartak, the founding partner and chief investment officer of SageOn...