Sliding market causes sharp declines in multiple stocks

Investor anxiety is rising as several stocks face pressure amid a falling market. Gensol Engineering, Jai Corp, and IndusInd Bank are among those affected by controversies and regulatory scrutiny, leading to significant selloffs. IndusInd Bank revealed discrepancies in its derivatives portfolio, causing its stock to drop nearly 27% in one day. Gensol Engineering's stock has fallen 56% in the past month after a ratings downgrade for alleged falsified documents. Retail investor confidence is weak, influenced by recent governance issues and market corrections. Kalyan Jewellers and AGS Transact have also seen sharp declines due to various allegations and defaults, further contributing to the overall market downturn.