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How to deal with market volatility amid Ukraine-Russia standoff? Here’s what Prashant Khemka of White Oak Capital says

The prevailing geopolitical tensions between Russia and Ukraine have been sending shockwaves through the Indian financial markets of late. As uncertainty is expected to continue, White Oak Capital founder Prashant Khemka offers some tips for investors to tide over the crisis.

February 24, 2022 / 07:38 AM IST
Representative Image: Bombay Stock Exchange (BSE)

Representative Image: Bombay Stock Exchange (BSE)

Indian equity benchmark indices are taking a U-turn as the global picture is not favourable, and it all depends on the right names in each sector that investors pick since growth is not necessarily from one particular sector, Prashant Khemka, Founder of White Oak Capital Management, has said..

Speaking to CNBC-TV18, Khemka shared his thoughts on the current market condition in India, rising Ukraine tension and its impact on the global markets, and the right strategy for investors to navigate volatility.

Underscoring that domestic equities are guided by global cues, Khemka listed out factors that have caused the current volatility. Global cues have turned in favour of bears as the Russia-Ukraine crisis worsened, and the Indian market is facing its negative impact. Currently, benchmark indices are taking a U-turn as the global picture is not favourable, he observed.

Also Read: Trade setup for today: Top 15 things to know before the opening bell