Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
'We saw people tripping over each other, running, screaming.' 'You could see people running with their daily briefcase despite suffering deep cuts and blood pouring from them.'
For the first time since 2001, promoter stake in BSE 500 decisively below 50%
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
Recent incidents suggest these safeguards perform well in simulated conditions and mock drills, but often fall short when actual threats emerge.
Ashish Chauhan, MD & CEO of BSE, says it is prudent for investors to deal with more than one exchange as a risk management strategy.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley, gives Samie Modak his assessment of the Indian economy after 3 years of Modi Sarkar.
Overcome your greed. Rebalance your portfolio
If you missed the primary market bus but still want to invest in Sovereign Gold Bonds, then feel lucky.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
What was the fraud? Why did Sebi drag its feet on the order? What options does RIL have now? Samie Modak explains these and more.
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
SIPs keep MFs afloat as investors redeem Rs 1.3 lakh crore in one year
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.