Liquidity crunch apprehended in April, which could spawn broker crisis
Is a stock market failure on the cards? The thought may sound grim and far-fetched but it may not be far from the truth.
Stock brokers in Mumbai are fearing a severe liquidity crunch in the market beginning April, which may lead to a broker crisis, arising out of distress sale in the end of the current month.
One broker has already closed shop before the crisis could hit him, but the more sanguine