The stock remained in the red even as it clarified in a BSE filing that it has taken note of the key observations made in a draft report by KPMG.
In an interview to CNBC-TV18, Deewan says that while there is fundamentally nothing wrong with the market, one should brace for short-term volatilities owing to global uncertainties.
Udayan Mukherjee, managing editor, CNBC-TV18 tells investors that the market environment now is not really as bad as people perceive it to be.