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SENSEX drops 2000 points, should I sell

Market crash post-Saudhi Arabia pushed crude prices down to take control of Oil Cartel. It also got supported with the deepening CoronaVirus presence on the global front.

There is no need to sell, because there has been no deterioration in the fundamental strength of the country. If we had to sell, should have sold when the market was at 42000, not when it is down 15% because it is an opportunity to buy more.

Epidemic too is not permanent, we had a similar event in the form of SARS in 2003, which was stronger in impact, while it is 17 years past the event and we are living happily today. Markets are up 600% from there.

It is time to buy and not to panic.

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