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I can feel the nervousness in the air, everyone is unsure about the future. The glorious story about India’s economic growth, and India being the next economic super power is suddenly into question now. It seems as if everything that could go wrong, is going wrong, all at once. The rupee is at an all-time low, important financial institutions such as IL&FS, DHFL and Yes bank are facing problems of their own. Both the debt market and the equity market are feeling the jitters. The small cap index is at a multi-year low and the much hyped mid-cap and small cap funds are facing the heat.
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about 5 years ago