Making the things worse, those hitting their record low share prices included big names like Reliance Power, Cipla, Ranbaxy, Ambuja Cement, Hindalco, Indian Hotels, Jaiprakash Associates, Jet Airways, Suzlon Energy and Idea Cellular. Realty majors DLF Ltd, Unitech, Parsvnath, Sobha Developers, Omaxe and Puravankara also plunged to their all-time lows.
If you have to make money in equities, you need to understand volatility and try to make it your friend, says P V Subramanyam
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
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