Step on the Brakes
The stock market ride just got rougher and wilder. Some selling by foreign institutional investors (FIIs), tax on long-term capital gains, some panic swoon in mid- and small-cap stocks plus some global volatility, and the market was sharply down. Stocks have been looking for some excuse to correct. Now, all of a sudden, we have multiple things to blame—taxes, poor Budget, poor fiscal...
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