A street performer wearing a protective face mask creates bubbles in Germany. (Photographer: Krisztian Bocsi/Bloomberg)
When India's stock market is scaling new records and analysts see the rally continuing, investors are pulling out funds from equity mutual funds. Vetri Subramaniam attributes the counter-productive approach partly to human behaviour."When a large number of retail investors come to the market and then the market sees a sharp decline, the first reaction is to redeem after a recovery," said Subramaniam, group president and head of equit...