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It is time to be active if one is a trader: Andrew Holland

The Nifty50 breached 8,800 levels for the first time since February 2017, a 3-year low. The S&P BSE Sensex plunged more than 3,000 points to hit a three-year low on Friday

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Andrew Holland

2 min read Last Updated : Mar 13 2020 | 10:37 AM IST

Indian market hit a lower circuit in the first 15 minutes of trade. The trading is now halted for around 45 minutes. Selling was across-the-board, pushing both Sensex and Nifty below their crucial support levels.

The Nifty50 breached 8,800 levels for the first time since February 2017, a 3-year low. The S&P BSE Sensex plunged more than 3,000 points to hit a three-year low on Friday.

In this backdrop, as we have stated previously its best for investors to sit on the sidelines and wait for the dust to settle. Opportunities are there for active trading given the steep fall

Topics : Coronavirus Markets BSE NSE Sensex Nifty Andrew Holland

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