What I believe is it is mainly due to lack of investers confidence.Most of the investers,mainly retailors, severely lack the confidence as they hve had severe losses during last year. Therefore they try to exit even with a marginal profit So that there is a huge selling pressure.No policy change or person change can build the investers confidence overnight.It will take some time.@prasa2004 wrote:most of us innocently believed the market will get re-rated to be on higher ground going by the mantra of brokers-analysts-experts of their solo execuse - 'lack of credit'liquidity'. Now CSE have spent the last bullet. so would like to know the answer as Kumar/Monster posed from anyone who can come up with. very frustrating as investor/trader community do not want to have collective action.
At the sametime market needs real money.I think still big player participation is minimum.Still the market is driven by highly unconfidence retailors.