By Rahul Shah

Markets took a breather after a ng time and volatility is in front seat again. Equity benchmark Index decline over 2% to close at below 22100 level, heading for the biggest decline since the week ended Oct. 29 on account of across the broad based selling in the market. However, there was bloodbath in the broader market after market regulator SEBI and AMFI. 

A body representing the mutual fund industry, have directed fund houses to provide additional disclosures for small and mid-cap funds from this month. The additional disclosure parameters for mutual fund managers include valuation, volatility, investor concentration and stress tests. As a result, Nifty mid-cap and small cap Index nosedived 5% each. Nifty decline 470 points or 2.1% to close at 22023 against the previous week close.

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