INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The nightmare on Dalal Street is not restricted to small investors alone
slipped into the bear market territory, as suggested by a 20 per cent fall from its 52-week high.
Lupin, where the Big Bull holds Rs 400
crore worth of shares, also in the bear grip, and as are over a dozen of his portfolio stocks
Many of Jhunjhunwala stocks have fallen 20 per cent to 80 per cent from their respective one-year high levels.
Midcap and smallcap stocks
are floundering, with the rapid spread of coronavirus and government controls to contain it stoking fears of a global recession
Even the safest Jhunjhunwala bets have fallen apart in this mayhem.
On Thursday, Titan plunged 10 per cent to hit a low of Rs 1,069
At this level, the stock was off 25 per cent from its 52-week high of Rs 1,389, thus entering bear market.
Lupin has plunged 32 per cent
favourite -- has fallen 35 per cent from its one-year high
We probably knew that a couple of steps like liquidity infusion in the system could help us tide over the crisis
But no one understands this virus crisis
similar panic in the past, when the market had fallen 16-18 per cent
falling as and when people start getting some comfort
Till the time we see global uncertainty, people should not take comfort in the fact that crude oil prices are down or the government is
Broadcast, Delta Corp, Geojit Financial Services and Prozone Intu Properties are all the bear market.
The Mandhana Retail Ventures, DB
Realty, Autoline Industries and NCC have been the worst hit in the Jhunjhunwala portfolio, having lost 70-85 per cent from their one-year
