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“The fear of missing out (FOMO) is a highly overrated fear. Market gives you enough opportunities to miss out. Look at the last three years. You had a historic high. The market corrected and you got enough opportunity to get in. Again, post corona, the market has corrected. So investors should know that they are not going to miss out, the market will give everybody a chance to get in, do not worry about it. You got to be patient. It is not that the end of the world is here,” says the CEO, Dimensions Corporate Finance.
Shares of India’s Future Retail Ltd jumped almost 5% on Monday after a report cited that oil-to-telecoms conglomerate Reliance Industries Ltd, led by Asia’s richest man Mukesh Ambani, is close to acquiring Future Group’s retail unit. “(Reliance and Future) have ironed out their differences over certain terms and conditions and a deal will be announced soon,” the Times of India newspaper reported, citing people familiar with the negotiations.