InvestorQ : Hi Diksha, do you have any strong ideas to buy or sell on 25 March?
Niti Shenoi made post

Hi Diksha, do you have any strong ideas to buy or sell on 25 March?

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diksha shah answered.
9 months ago
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One thing is certain, that the markets have continued to disappoint at higher levels and struggled to sustain above crucial levels of the Nifty and Sensex. For now, you should not attempt fresh positions and just hold on to existing positions as VIX is still in relatively safe zone. A lot will eventually depend on how the second round of virus shapes up.

I am not suggesting any fresh positions now till there is clarity on the COVID front. Clearly, the markets are in too much of a state uncertainty for you to try buying anything at this point of time. Let us wait out the current expiry and take a fresh view in the new fiscal year. Hopefully, the current fiscal should see the end of the second round scare of COVID. Right now, the indices are in non-man’s zone and we need to give it some time to stabilize.

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