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Is This a Correction or a Bear Market? - Private Briefing

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Is This a Correction or a Bear Market?
Feb 10, 2018

It had to happen.

The Indian stock market couldn't keep going up all the time. It had to fall i.e. 'correct' sooner or later.

And it finally happened... or did it?

First, let's get a few important numbers out of the way quickly.

The BSE Sensex fell about 6% from its life high of 36,283.25 in two weeks.

Mid caps and small caps peaked on 15 January, two weeks before the Sensex. Those indices are down about 8-9% since.

These numbers don't seem alarming.

Sure, many stocks have fallen much more but then again, there are other stocks that have held up quite well.

Good examples are a couple of IT stocks recommended by both Richa (Hidden Treasure) and Tanushree (The India Letter). Since 15 January, they're up about 6% each.

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