The large part of the fall was led by consistent selling by FPIs who have pulled out more than Rs 62,000 crore ($8.27 billion) from Indian equity markets from the cash segment so far in March, provisional data showed.
Safe assets like gold, Japanese Yen and US treasuries have rallied sharply during this time of distress but unlike treasuries, gold hasn’t been able to hold its gains, writes financial analyst Praveen Singh
It is difficult to predict how the stock market will move. When there is panic, investors tend to make their decisions emotionally, rather than rationally. This is a Black Swan event, whose impact may be deeper and longer than what was estimated a few weeks ago
From BMC's proposal to convert at least 10 old BEST buses into mobile loos to an Arunachal lawmaker accused of casting a voodoo spell on voters, read this and much more in this week's The Subcontinental Menu.