700 Detained As Delhi, Mumbai See Protests Demanding Gyanesh Kumar's Resignation
Indian markets convened in a governance development.
· NDTV Profit
AAP, Congress and Left outfit members joined the Delhi protest, while thousands gathered in Mumbai as the Election Commission faced criticism over the SIR exercise.
The analysis
Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.
Market context
- The immediate tone of coverage reads negative.