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…

Selloff in smallcap, midcap shares: What’s behind this panic selling?

  The pain was much deeper in the broader market as Nifty Smallcap 100 and Nifty Midcap 100 tumbled 3.55 per cent and 2.41 per cent, respectively.   Domestic benchmarks continued their losing run for the eighth consecutive trading session on Friday as all sectoral indices dragged. The pain was much deeper in the broader…