Economic TimesLean R·
Nifty 500’s hidden bear market: Half the stocks are down over 30% from highs
In the latest market analysis, it has been observed that about 50% of Nifty 500 stocks have significantly declined from their peak levels. A staggering 252 stocks have seen a drop of over 30%, with 102 stocks plummeting more than 50%. This downturn impacts large-cap stocks broadly. Although there’s a possibility of a relief rally, foreign selling pressures pose continued risks.
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