Name One Stock You Have Held For More Than 20 Years

Published:Nov 29, 202308:19
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Name One Stock You Have Held For More Than 20 Years

Question: Name One Stock You Have Held For More Than 20 Years

Sensex and Nifty had crashed by round 6 per cent on Monday.

Indian share markets have been fairly unstable for the previous couple of days. Benchmark indices have been falling for 5 consecutive days, fueled by worries of accelerating US treasury charges forward of the US Fed's deliberate assembly. Besides, geo-political tensions between Russia and Ukrain, rising greenback index, and surging oil costs and bond yield added to the woes.Key indices BSE Sensex and NSE Nifty had crashed by round 6 per cent on Monday wiping out practically Rs 10 lakh crore of traders' wealth. Around 22 per cent of the shares buying and selling on the BSE have been locked within the decrease circuit restrict and out of the three,844 shares listed on BSE, round 3,000 ended within the crimson.Luckily on Tuesday, markets snapped their five-day dropping run and ended on a constructive observe in a extremely unstable session as world markets stabilised.At occasions like these, we're reminded by a quote from Seth Klarman which fits as:In a market downturn, momentum traders can not discover momentum, progress traders fear a couple of slowdown, and technical analysts don't love their charts. But the worth investing self-discipline tells you precisely what to do.Now, there's just one method to conclusively show that you're a true-blue long-term investor.Yes, expensive reader, it is time to communicate up. Tell us the story behind the one inventory you picked up ages in the past…Tell us why you picked it up…Tell us the way you managed to carry on to it for thus a few years…Tell us all the pieces you may share. Over the subsequent few weeks, we plan to publish a few of your tales in order that others might be taught from them. Remember, no matter you share shall be edited suitably to guard your privateness. So, no names or e mail ids or another personally identifiable data. Ready to show your credentials?Share your inventory story right here… (This article is syndicated from Equitymaster.com)(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)

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