Quote on today's market jump by Dr. Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital
Below the Quote on today's market jump by Dr. Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital
“Markets are adjusting the new reality of daily Trump Twists and Turns. As we had mentioned earlier, there will be continuous announcements by US, other countries, specific companies and their proactive statements and counter responses. As these appear the markets will react to them. In this scenario, frequent changes to the markets are a given. Sometimes when tariffs look like they have been temporarily removed the markets will react positively, when something unexpected happens they will react negatively. One should keep calm and not react with Mr. Market, but rather focus on a list of companies which are strong domestic companies or strong global companies and accumulate them over a period of time as they become available over their conservatively determined intrinsic values. Also, stay away from weak domestic companies and weak global companies. If such companies are in the portfolio, one can start exiting them whenever one gets a decent price for them.”
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