While JP Morgan believes 'cash is king' given the uncertainty that lies ahead, selective buying from a long-term perspective can be done in defensive plays
Tuesday's stock reaction is also an indicator of the challenges ahead of him and probably the toughest faced by the bank in the past decade
Market experts said investors were afraid of the unprecedented disruption to business activity pushing the country into a prolonged recession if the outbreak did not stem
Trading on the Indian stock exchanges was halted as the S&P BSE Sensex fell 10 per cent, triggering an automatic 45-minute halt
"In recent years, we have grown used to every wobbly being met by government measures and this time around is no different"
In the past three months, the Sensex is down 30 per cent, the BSE Midcap and BSE Smallcap have fallen 24 per cent apiece
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones
The Street is sceptical of the sustainability of rich valuations of large players such as Bajaj Finance and Housing Development Finance Corporation (HDFC)
The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.
Nifty falls below 9,000 after dropping 10% in two days
Rs 10K-cr infusion, lock-in and hurried short-covering led to 2.3x surge in the stock
Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion
The Reserve Bank of India's decision to leave interest rates unchanged for now will also impact sentiment
According to a Business Standard report, the Securities and Exchange Board of India is working on a plan to arrest the deep market sell-off and reduce volatility
Last week, the finance ministry hauled up the market regulator, seeking immediate action to curb the free fall in the market, sources said
The Nifty50 index hit a lower circuit on Friday as panic spread.
The rundown on the market today is largely due to the players who are more speculators rather than investors in the global markets
The replacement has been done on account of non-availability of future and options contracts in Yes Bank shares, NSE Indices said in a statement.
The broader market remains expensive on a historical basis. The Sensex 10-year median price-to-earnings multiple is around 20.4 times, nearly 10 per cent lower than the index's current valuation
On a weekly basis, Sensex slipped around 7 per cent while Nifty declined 7.2 per cent