Over half of the investments in the quarter came in March alone.
The macroeconomic headwinds, in terms of growth slowdown, interest rates hikes and the sticky inflation have refused to give up. And, the challenge is all set to eat into the pie of the FY12 earnings, says Vetri Subramaniam, CIO of Religare Mutual Fund, in an exclusive interview to CNBC-TV18.
The market has remained choppy for the fifth consecutive session. Analysts feel that the market tends to remain highly volatile during the expiry day of the month and since it is expiry day of the F&O (futures & options) contracts today, the market is facing volatility.