New Delhi: With Sensex and Nifty plunging over 2,500 and 700 points respectively on Monday, Mahindra Group chairman Anand Mahindra advised stock market investors to deploy ‘Pranayama’ and play in the long run.
“Never a better time to deploy the ancient Indian practice of Pranayama. It’s about breathing deeply and looking inwards. What I see is an India that is an oasis in the world. Whose Rise will not be impeded in the medium to long term. Play the long game…,” Mahindra wrote in a post on social media platform X (formerly Twitter).
Sensex, Nifty crash
The Indian equity market benchmark indices Sensex and Nifty plunged over 3 per cent today as world markets, including Nikkei 225, Hong Kong, South Korea reported heavy losses amid fears of a slowdown in the US economy.
Stock Market investors’ wealth eroded by Rs 17.11 lakh crore to Rs 4,40,04,979.86 crore as the 30-share BSE Sensex tanked 2,686.09 points or 3.31 per cent to 78,295.86 and the NSE Nifty tumbled 824 points or 3.33 per cent to 23,893.70 during the afternoon trade.
Japan’s Nikkei 225 share index dropped more than 12 per cent on August 5.
Sensex and Nifty crash: Mahindra Group chairman Anand Mahindra said it is time to deploy Pranayama’ in the Indian stock market. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
