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Use market meltdown to buy fundamentally sound large-caps

As of now, Indian market seems quite insulated from the health scare, as there has not been any serious cases of coronavirus here.

Ambareesh Baliga, independent market expert (Photo: Kamlesh Pednekar)
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Ambareesh Baliga, independent market expert (Photo: Kamlesh Pednekar)

Ambareesh Baliga
Friday's market crash is more of a panic reaction, which normally happens in situations where we don't know where any crisis / issue is headed. So, it is very much possible that it can continue for a week, ten days or can go on for the next three months or more. Since no one is sure where we are headed, markets have witnessed this kind of panic selling today.

As of now, Indian market seems quite insulated from the health scare, as there has not been any serious cases of coronavirus here. That said, in case the virus does hit

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First Published: Feb 28 2020 | 1:42 PM IST

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