D-Street Talk podcast: ‘Last few days have been traders’ nightmare’, regulation a bigger concern

Indian market have witnessed a vertical fall since January, pushing benchmark indices in bear territory, but last few days have been traders’ nightmare, Kunal Saraogi, CEO at Equity Rush told Moneycontrol in a special podcast D-Street Talk.

“We have seen markets opening with a gap down of 400 points and they continue to go down 1,000 points on the Nifty right before we saw market freeze – these are scary scenarios,” he said.

Saraogi further elaborated that the thing which spooked him the most is not the movement of the markets, but the regulatory action. “There is a constant fear that will the markets operate the next day. There could be a complete lockdown or there could be a ban on short selling,” explains Saraogi.

He further added that one part of my strategy is trade with long-short positions where short positions are made on the stocks that are underperforming and to hedge the risk long positions are made on stocks that are outperforming.