Liberal opinion holds that the international monetary and financial system is a device for promoting…
The Herd Instinct at Work? C.P. Chandrasekhar
The SENSEX is driven by herd instinct of FII inflow coming with assumptions which are at best speculative; the trend may get reversed in case of a rise in the interest rate.
Herd_Instinct (Download the full text in PDF format)
(This article was originally published in The Hindu on September 23, 2014)