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Stock Market To Stabilise, 'W' Shaped Recovery On Cards, Says Sunil Singhania

Both Singhania and Parekh agreed that a market bottom was close, with signs of capitulation and a possible slowdown in the intensity of decline.

<div class="paragraphs"><p>Singhania expects the market to experience a 'W-shaped recovery', implying that after the initial fall, a gradual stabilisation will occur, followed by another upward movement. (Photo source: Envato)</p></div>
Singhania expects the market to experience a 'W-shaped recovery', implying that after the initial fall, a gradual stabilisation will occur, followed by another upward movement. (Photo source: Envato)
The Indian stock market has faced significant turbulence recently with major indices and broader markets reflecting a period of market weakness. However, experts like Sunil Singhania, founder of Abakkus Asset Manager LLP, believe the markets will stabilise.Singhania expects the market to experience a "W-shaped recovery", implying that after the initial fall, a gradual stabilisation would occur, followed by another upward movement.He ...
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