The stock market in Israel is up 4% in 5 days and hit fresh 52-week highs this week. Most other major stock markets in the Gulf region also surged over 2% each after the US President Donald Trump said Iran and Israel agreed to a ceasefire. Saudi Arabia’s benchmark index rose 2.1% while Dubai’s main share index (.DFMGI) jumped 3.1% – its biggest intra-day rise since mid-December. Qatar’s benchmark index (QSI), too rallied 2% intra-day.
Back home, our markets gave up intra-day gains after an early surge and the Sensex closed down over 800 points from intra-day highs. As global markets continue to swing in response to geopolitical tension, it is a good time to take a look at the 4 key tenets of disciplined investment practices that can help you stay safe from the impact of sudden knee-jerk reaction in the markets.