The market behaviour, in a situation where corporate earnings have been poor and the economic forecast has been weak, raises fears of an asset class bubble. Sunita Abraham spoke to experts to understand how investors should ride out this phase of equity market highs.
Bill Gates (right), co-chair of the Bill & Melinda Gates Foundation, in conversation with Wipro Ltd chairman Rishad Premji at the Mint Visionaries event in New Delhi on Sunday (Photo: Ramesh Pathania/Mint)
Last Thursday, in a disclosure to stock exchanges, the promoters of SWSL – the Shapoorji Pallonji Group and Khurshed Yazdi Daruvala – said they couldn’t honour their inter-corporate loan repayment commitments
SWSL shares fell 20% in early trade on the BSE on Monday