The equity market has turned volatile in recent days after a near-unidirectional rally that lasted about a year.
The resolve of a large number of retail investors, who have chosen to participate in equities directly — demat accounts have risen by 12.37 million from March 2020 to February 2021 — will be tested in the coming days. An inevitable consolidation The primary reason for the current bout of volatility is that markets can’t keep running up forever. “The markets had moved up very rapidly,” says Aashish P Sommaiyaa, CEO of White Oak Capital ...
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