Investor wealth falls below Rs 4 lakh crore for first time in nine months, should you ‘sell on rise’?

Market crash: Sensex ended 29 pts lower at 75,967 and Nifty closed 14.20 pts lower at 22,945 on Tuesday. The minor correction in the current session comes after a day of gains preceded by eight sessions of losses.   The ongoing correction dragged the market cap of BSE-listed firms below Rs 4 lakh crore (on…

Market crash: 4 reasons why smallcap and midcap stocks may see more pain ahead

Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market.   Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…