Dear Czar
Almost all the countries you have listed permit short selling in the capital market except India, this is another factor which may explain our index plumetting, if short selling is permitted (as it is now) and is popular, people who are short will book partial/full profits at various stages thereby preventing a sudden steep drop.
As you know the major investors are FII, and FI's with very lage investments. Once short selling picks up and these people invest our corrections may not be as abrupt.
Almost all the countries you have listed permit short selling in the capital market except India, this is another factor which may explain our index plumetting, if short selling is permitted (as it is now) and is popular, people who are short will book partial/full profits at various stages thereby preventing a sudden steep drop.
As you know the major investors are FII, and FI's with very lage investments. Once short selling picks up and these people invest our corrections may not be as abrupt.
I am not sure if it has been implemented.