Fear has returned to Dalal Street. Caught in a perfect storm of weak macroeconomic numbers, the IL&FS crisis and fear of more defaults, markets have retreated more than 15% from their all-time high levels achieved in the last week of August.
The 806-point drop in the Sensex on 4 October was the fifth biggest single day loss registered by the BSE benchmark in the past five years. In Mumbai, newbie investor Rashmi Rajagopal is feeling jittery about her portfolio of equity funds. She ..