The Indian market ended lower on Tuesday after a brief morning boom, only to fall apart just as quickly, leaving investors with sharp intraday losses and a renewed sense of unease. The BSE Sensex fell as much as 933 points from the day’s peak, while the Nifty 50 fell over 1%, wiping out Rs 2.6 […]
Market veteran Gurmeet Chadha has come out strongly in support of retail investors and Domestic Institutional Investors (DIIs), without whom Nifty would have fallen to 20,000. He advocated rewarding them for their patient long-term capital.The statement was made in the wake of the December mutual fund data released today, which stated that systematic investment plan […]
Indian equity markets had the worst possible start to the new year as selling pressure intensified over the week, erasing market participants’ confidence in the stability as they started the year. The Sensex fell another 600 points on Friday, taking the total decline to over 2,000 points across all five trading sessions of the week. […]