The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28
Nabard, Sidbi to tap market this week to raise Rs 17,000 crore; Ireda eyes Rs 2,000 crore via perpetual bonds
Such a trend of pessimism would show up as lower inflows to mutual funds, including lower SIP inflows
Association raises concerns with Sebi over liquidity, trading costs, and market stability in a 13-page response to Sebi
According to market experts, the decline in newly listed stocks is a concern, as anchor investors may look to liquidate their holdings given the changing market dynamics
The sharp pullback in individual participation suggests the end of India's retail-driven options trading boom, which had made the country the world's largest market for these instruments
Valuations are now more palatable compared to where they were 6-12 months ago, Shridatta Bhandwaldar, head of equities, Canara Robeco asset management company (AMC) said
The equity market has been in a correction phase for several months. In February, it recorded its fifth consecutive monthly decline
The stock price of NACL has surged 16% to Rs 107.40 in intra-day trade on Monday and zoomed 99% thus far in the month of March.
The Street believes that the correction is overdone and that the company has multiple growth opportunities in India and the African market