Is Correction Over for Nifty?
*About Bull Market Corrections**
We look back to 17 years of market (BSESensex) history to assimilate data on bull market corrections. There have been four bull markets over the past 17 years (including the current one), and within those bull markets there have been 32 corrections of 5% or more (including the current one). The average fall during these corrections is 12%, and the average duration of these corrections is 16 days. The worst fall (May-June 2006) was 31%, whereas the longest fall (July to September 1993) lasted 28 days. …
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We look back to 17 years of market (BSESensex) history to assimilate data on bull market corrections. There have been four bull markets over the past 17 years (including the current one), and within those bull markets there have been 32 corrections of 5% or more (including the current one). The average fall during these corrections is 12%, and the average duration of these corrections is 16 days. The worst fall (May-June 2006) was 31%, whereas the longest fall (July to September 1993) lasted 28 days. …
Read the full story »
posted by Bramesh at
7:14 AM
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