Sensex and Nifty have been rangebound after the recent sharp correction from record highs in the last few days. Considering the global market scenario currently, further correction could not be ruled out. Such a scenario becomes tricky for the investors who are unable to make correct bets and end up losing their investments. The bearish mode even instills negative emotions at times and investors allow emotions to take over while making stock picks. \u201cControlling emotions is the most critical aspect while investing in the long term,\u201d Navneet Munot of SBI Mutual Fund said at an event. An investor must not change the investment technique while investing in the stock markets, he said. It\u2019s important for an investor to diversify portfolio and maintain discipline while investing, he advised. \u201cOne must learn to take advantage of movement in stock prices via SIP and diversify portfolio & maintain discipline while investing,\u201d he added. On being asked to share views on LTCG, Navneet Munot said that he doesn't think imposition of LTCG tax changes anything. Speaking at the same event, Nilesh Shah of Kotak AMC said regular & Long-term investment along with asset allocation key to create wealth. It\u2019s is advised that one must moderate return expectations a bit and play for the long time, he said. \u00a0Tushar Pradhan of HSBC Global Asset Management India said that it\u2019s better to have a portfolio approach in markets rather than single stock invest. \u201cOne must diversify across range of market participants to control risk and hold 20-25 stocks in portfolio, nothing less than that,\u201d he said The markets have been rangebound in the last few days especially after Donald Trump-led US administration imposed fresh tariffs on China instilling fears in the minds of the investors the world over.