“Indian retail investors have emerged as a very powerful and resilient market participant in the last few years and specially post Covid 2019. The undeterred SIP monthly figures have come has a big saviour for Indian equity markets by absorbing massive FII outflows in the recent times, thereby making FII flows an irrelevant data point which otherwise played a very important role for Indian markets.”
Thangamayil Jewellery shares crash 32% in a week. What should investors do?
Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first