Mumbai: Many small retail investors have got caught in the market whirlpool. CNBC-TV18 reports on how small investors are weathering the 800-watts shock.
"The bull run is over. We can only make predictions like we do with the clouds and the rain. I am clueless, just like every other retail investor."
That was the plight of investors at Geojit Securities, a brokerage firm tucked away in suburban Mumbai.
Furious pounding of keyboards, quick reflexes and attempts to keep a strong heart were the order of the day through the three hundred and thirty minute ride.
For a retail investor, this kind of volatility is a loss-making proposition.
Despite these downcast voices, today's reaction is a sharp contrast to what the country saw two years back on Black Monday, when traders took to the street and all hell broke loose when the Sensex tanked 564 points.
But despite a 826 point fall on Thursday, investors aren't in despair.
"In the last 3 to 4 days I have lost Rs 15,000 but am sure I will recover it," said an optimistic investor.
An 853 point nosedive and yet analysts say that if you're here to author the long-term story, you have nothing to worry about.
Retail investors on the other hand, are shaken but not stirred.
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