A day after Tokyo led a collapse across Asian and European equities on Monday that saw benchmark indices Nifty and Sensex plunge over 2.5 percent in trade, Edelweiss Mutual Funds CEO Radhika Gupta termed it a stock market correction, not a crash.
Taking to Instagram, Gupta urged investors not to panic and "dread the red" but to make corrections instead.
"I always say it's called correction not crash because correction corrects our behaviour and it corrects our expectations. Corrections are a part of the journey of investing. So hold tight and stay invested," she said