Stay invested – advises FM
The Finance Minister told the Parliament that the Stick market crash was not alarming. “We must accept the fact that markets will rise and markets will fall in response to developments. That is a natural phenomenon. The secular rise in India in the last two years is attributable to the sound India growth story. In my submission, the India growth story remains intact. In view of the fact that calm has returned to the market my advice to genuine long-term investors is to stay invested.”
See text of FM’s statement in What’s new