'The more retail investors keep away from speculative activity, the more they will manage their risks better.'
With most Adani Group shares locked in lower-circuit in early morning trade based on news that accounts of three foreign portfolio investors, heavily invested into group companies, were frozen by the National Security Depository Limited, market experts advise caution that investors should not jump in now to buy at lower levels.
Of these, three stocks belong to the automobile pack and two are from the pharma.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
Most Asian markets were trading weak on Monday.
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
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