It's getting uglier and uglier by the day. If you are to do a roll call on the countries that have already tapped out/ run out of ammo thus far, the statistics are astounding.
This could be worse than the GFC considering how much the markets are largely in sync this time and the main show is yet to unfold.
If this was only an NSE bear things would have been a lot better but as it stands our market is just but a pawn in the bigger puzzle especially considering our reserves are down to a bare minimum.
It's hard to rule out anything at this point coz even a sub 2000 index is on the cards. Might sound preposterous but could very well happen in this global bear.
The main purpose of the stock market is to make fools of as many people as possible.