The volatility index, India VIX, spiked 24.52 per cent to 23.19
Analysts said the market had entered overbought territory and was precariously poised after the sharp run-up this month
The Nifty50 index lost 291 points to settle at 11,680 levels. Besides, weakness in global markets due to renewed restrictions in European countries to stem the possible second wave
The S&P BSE Sensex plunged 1,172 points in the intra-day deals on the BSE, while Nifty50 index tanked 342 points on the NSE
The domestic market continued to trade weak amid a global sell-off triggered by concerns about rising Covid-19 cases and news reports on suspicious transactions involving international banks.
"I expect market volatility to remain high as the US election approaches," says Holland.
Today, globally, the 'Robinhood' investors are considered a force to reckon with, due to their collective liquidity and well spread reach.
For international investors in general, currency risk - above all the weakening of the US dollar - has become the most important financial risk of the year
The spread of Covid-19 and the accompanying mayhem caused the S&P BSE Sensex to drop over 38.5 per cent from its all-time high of 42273.9 to a low of 25981.2 on 23rd March.
Profitability and cash reserves have halved since the global financial crisis
Sentiment improves as virus spread shows signs of slowing
LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion
One approach that can boost long-term profitability involves increasing equity allocation as the markets fall, and decreasing it as they rise, instead of adhering to a fixed allocation
There's money to be made in every sector as by and large, each of them will rebound in the future
The Sensex dropped 1,375 points, or 4.6 per cent, to end at 28,440, while the Nifty 50 index declined 379 points, or 4.4 per cent, to end at 8,281.
Brace yourself for huge, nasty surprises and hope for lucky breaks. It may be a long, bumpy ride
Recent Sebi move, drop in securities' prices contribute to the fall
On Monday, the blue-chip NSE Nifty 50 index and the S&P BSE Sensex crashed 12.98% and 13.15%, respectively, their biggest plunges on record. The rupee hit a fresh record low against the dollar
We expect global growth to level off to 0.7 per cent in 2020 (before corona we estimated 2.9 per cent).
Experts say there has been heavy selling of shorter-tenure bonds in the markets, and given the lockdown, their buying capacity has shrunk significantly