The founder of Helios Capital explained the flaw in the logic of such a suggestion; Shankar Sharma posted in agreement
Complete Circle Wealth’s Gurmeet Chadha pointed out how the human mind fails to grasp exponential growth
It is a good investment option, given their strong credit rating, low cost of funds, and expected growth in loan book, he says. Chadha also said that the Indian equity markets would have been 20-30 percent lower, but for Domestic Institutional Investors (DIIs).
Sell-off in global markets, weak Q3 results and pre-budget nervousness triggered heavy sell-off in domestic bourses as risk sentiment took a blow ahead of the Federal Open Market Committee meeting. As investors remain jittery, we caught up with Gurmeet Chadha for his insights and learnings from the market mayhem, to help retail investors navigate the wild market