The Indian stock market has had a difficult few months. The NSE Nifty 50 Index declined for 10 straight days recently—an unusually sustained dip. Policymakers in New Delhi tend to maintain a lordly indifference to turbulence in equities. But, on this occasion, they need to pay closer attention. America’s whipsawing tariff policies might have unsettled…
Late in August, when the stock market’s bull run was close to its peak, the initial public offer (IPO) of a two-wheeler dealer with a handful of employees managed to attract bids worth 400 times the amount of capital it sought to raise. That was the level of enthusiasm back then among investors, who were…
The first striking aspect is the substantial divergence between the moves of market indices and those of stocks in the last few months. If the Sensex is down about 12% from its peak and even the SmallCap index is down “only” 23%, why does it feel so much worse? Also Read: Devina Mehra: Persistence of…
