NEW DELHI : As India is hit hard by the second wave of covid-19, its equity markets have turned jittery. The S&P BSE Sensex has corrected around 7% from its peak in February.
However, the correction is not as bad as was witnessed during the first wave when the markets crashed around 30% in one month.Also Read | Ripple effects of the warehousing boomHowever, are you prepared for such a correction in equities?
Gold prices have also corrected around 20% from their peak, while debt funds may not deliver the kind of performance they have delivered in the past, as interest rates have bottomed out.
We asked experts what they would advise their clients to do to ride through these tough times.Vishal Dhawan is a certified financial planner and.