Bystanders react to an electronic screen displaying stock quotes outside of the Bombay Stock Exchange in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Why Panic Gripped Indian Markets On Friday

Volatility gripped India’s equity benchmarks today as shares of Yes Bank Ltd. and mortgage lenders Dewan Housing Finance Ltd. and Indiabulls Housing Finance Ltd. tumbled.It began with a 35 percent ...

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