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Indian equities faced a significant downturn as smaller stocks experienced their worst single-day drop in over two years, following concerns raised by the securities regulator about froth in the market. The S&P BSE SmallCap Index surged over 56% in the past year, outperforming the Sensex, which rose 26%. The Supreme Court is set to hear pleas challenging the exclusion of the Chief Justice of India from the selection panel for Election Commissioners. Ace investors like Uday Kotak and Porinju Veliyath provided insights on the future of markets amidst the selloff.
Some of India's biggest companies, including Vedanta, Bharti Airtel, RPSG Group and Essel Mining, were among the country's top political funders over the last five years under a now-scrapped opaque political funding system, official data showed https://t.co/KXLDAj72et
Business @ 9 | Electoral bonds data released Can it really impact the upcoming elections? Former CEC SY Quraishi shares his views on the disclosure, in an exclusive interview @VikramOza @DrSYQuraishi https://t.co/BIjww3yGjD
Poll Body Seeks Modification Of Electoral Bonds Order, Supreme Court Hearing Today https://t.co/aijDmp6pDC @aishvaryjain reports https://t.co/i2Gg6XnzTW