Besides global developments, markets are now eyeing the outcome of the Assembly election in Karnataka scheduled for May 2018. Nirmal Jain, founder and chairman of IIFL Group, in conversation with Puneet Wadhwa and Vishal Chhabria said he expected the markets to remain volatile, as they have the curiosity to assess election outcomes in advance. Edited excerpts:
How are you interpreting the fall in markets from the peak levels?
At this point, I would like to believe it was just a much-needed correction. When the markets run up sharply, even a small event can trigger a fall. That’s the
How are you interpreting the fall in markets from the peak levels?
At this point, I would like to believe it was just a much-needed correction. When the markets run up sharply, even a small event can trigger a fall. That’s the