While it is no secret that bondholders like loan sharks will extract what they can…
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)