Ahead of major defining events, market participants steadily build positions. Now once the event crystalizes all participants move in a herd for the exit all at once which causes these gyrations and spikes in the volatility index (up 24% on the election outcome day).
Coca-Cola announces plans to list its largest bottler Hindustan Coca-Cola Holdings
Coca-Cola is exploring a public listing in India for the parent company of its largest bottler, Hindustan Coca-Cola Holdings (HCCH), with a potential 2027 debut