Market Correction - A Good Opportunity

The stock markets are going through a consolidation phase from the last couple of weeks. Both the Sensex and Nifty have fallen 12 to 13 per cent from their peaks. This correction was triggered by the global markets. Recent volatility in the global markets is attributed to the crisis in the sub-prime lending market in the US and some negative news in the political circles here. Investor sentiments were negatively impacted and it triggered a sell-off in the stock markets.

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