The domestic market slumped on Friday after the crisis at YES Bank triggered a sharp sell-off in financial stocks. Investor sentiment was further dampened by the continued rout in world markets as coronavirus cases neared 100,000, stoking fresh fears of a global recession. The Sensex dropped 894 points, or 2.32 per cent, to end at 37,577 — the lowest close since October 7.
Key to long-term investing: ‘Time in the market’ more important than ‘timing the market’
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