Evening Walk Down D-St on Feb 27 '19 | Chat with Yogesh Mehta of Motilal Oswal
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Geopolitical tensions continued to weigh on sentiment as D-Street witnessed another day of sell-off despite positive global cues. The S&P BSE Sensex recovered from lows but closed below 36,000 as the Nifty50 managed to defend 10,800.
Pakistan's benchmark stock exchange KSE (Karachi Stock Exchange) which was down nearly 4 percent intraday managed to recoup losses and was trading marginally in the green at the time of writing this article.
The way benchmark indices bounced back after testing lows suggest that the Street is confident that this is not a ‘war-like situation’ and investors should use dips to buy into quality stocks or average their cost price in stocks which are part of their portfolio, suggest experts.
