Markets once again came under heavy selling pressure on Monday with the Sensex hitting the 10 per cent lower circuit as nothing helped to contain the extreme volatility and steep correction in the equities. Market regulator Securities and Exchange Board of India (Sebi) unveiled a slew of measures on Friday to tackle volatility but it was of no help as there has been a lockdown. This overall shutdown is creating panic in the minds of foreign institutional investors (FIIs), who continue to sell.
I don't know what kind of measures will help bring some sanity in the market because at these