It was shocking day of trade for the Indian equity markets as the BSE Sensex has lost over 5%. Year to date, it lost over 41%. On January 1, 2008, the Sensex was around the 20300 mark and today it is trading at 11858.
Year to date, Realty was the worst performer sector among all sectoral indices; it slipped over 76%. Sector like metal, power, capital goods indices have lost over 50% from January 1, 2008.
Source: MoneyControl
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.
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