livemint_markets2 days ago
BULLISH(90%)
buy
Want to build immense wealth? Invest in equities the way you buy gold, says Mira Asset's Swarup Mohanty
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
This advice comes at a time when retail participation in the Indian equity market is growing, and emphasizes the importance of disciplined investing over speculative trading.
Trading Insight
Long-term investors should focus on accumulating fundamentally strong stocks during market corrections.
Key Evidence
- •Swarup Mohanty, CEO, Mirae Asset Global Investments, suggests transferring 'buy and hold' discipline from gold to equity.
- •He states this approach will help build immense wealth.
- •Risk flag: Market volatility can test investor discipline.
- •Risk flag: Selecting the right equities for long-term holding requires thorough research.
People in this Story
S
Swarup Mohanty
CEO, Mirae Asset Global Investments
quoted in the article advising on investment strategy
Sectors:broad_market
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